Which of the following statements about scenario planning is TRUE:
A) It involves the construction of multiple alternative views of the future.
B) It relies only judgmental forecasts.
C) It relies only on statistical forecasts.
D) It discourages proactive and anticipatory HR planning
E) It increases the chances that radical reactive changes will be required due to unexpected changes in the internal environment.

Question

Quizplus · Accepted Answer

Scenario planning involves the construction of multiple alternative views of the future, allowing organizations to prepare for a range of potential outcomes. It can incorporate both judgmental and statistical forecasts and encourages proactive and anticipatory HR planning, reducing the likelihood of reactive changes due to unexpected changes in the internal environment.

Which of the Following Statements About Scenario Planning Is TRUE