Which of the following is not one of the conditions that encourage the oil industry to us e scenarios when planning strategy?
A) The number of competitors is particularly large.
B) There is a limited number of key drivers.
C) Outcomes vary radically depending on the option chosen.
D) Plans are hard to reverse in adverse circumstances.
E) Organisations have to make substantial commitments into the future.

Question

Quizplus · Accepted Answer

The number of competitors being particularly large is not a condition that specifically encourages the use of scenarios in strategic planning for the oil industry. Scenarios are more about dealing with uncertainty and complexity in the environment rather than the number of competitors.

Which of the Following Is Not One of the Conditions