__________ involves looking at trends and discontinuities and imagining possible alternative future to build a framework within which unexpected future events can be managed.
A) Scenario building
B) Crisis planning
C) Contingency planning
D) Trend management
E) Caution planning

Question

Quizplus · Accepted Answer

Scenario building involves looking at various trends and potential disruptions to imagine several possible alternative futures. By doing so, it allows organizations to be better prepared for the unexpected events that may occur in the future. Crisis planning, contingency planning, and trend management are all related concepts, but they do not involve the exploration of alternative futures in the same way that scenario building does. Caution planning is not a commonly used term in the field of strategic management or future planning.

__________ Involves Looking at Trends and Discontinuities and Imagining Possible