The strategic planning process can often include a discussion of future scenarios. Which of the following statements most closely describes the activity of scenario building?
A) Conducting a PEST analysis to generate opportunities and threats
B) Constructing a SWOT analysis to generate strategic options for the future
C) Constructing pictures of possible futures often deriving from a PEST analysis
D) Developing simulations to test market behaviour
Correct Answer:
Verified
Q12: A strategic review is likely to be
Q13: The evolutionary view of strategic management argues
Q14: Which of the following statements describe the
Q15: If two organizations use the same strategy
Q16: Porter's Five Forces model takes a systems
Q18: The success of strategy implementation is very
Q19: The way in which strategic managers interpret
Q20: Senge has written widely about the role
Q21: It is argued that in recent years
Q22: Stacey (1993) argues that organizations should be
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents