Which of the following would be likely to encourage an organization to use Scenario Planning? (Choose all that apply.)
A) The organization often experiences 'group-think', leading to a narrow view of the future.
B) Competitor's are increasingly using Scenario Planning as part of their strategy formulation process.
C) The organization has achieved all of its objectives and operates within a stable external environment.
D) The organization has not previously experienced any major surprises or expensive strategic mistakes.
E) Uncertainty in the industry is high, relative to management's ability to predict or adjust to change.
Correct Answer:
Verified
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