The use of low,moderate,and high interest rates as variables in a retail plan for a major appliance retailer illustrates ________.
A) gap analysis
B) benchmarking
C) strategic planning
D) scenario analysis

Question

Quizplus · Accepted Answer

Scenario analysis involves evaluating different future conditions or scenarios (such as low, moderate, and high interest rates) to understand potential impacts on business plans or investments. This approach helps in preparing for various possible futures.

The Use of Low,moderate,and High Interest Rates as Variables in a Retail