Scenario planning is of most use in industries where there is:
A)slow change
B)rapid change
C)low future uncertainty
D)a lot of data about the past

Question

Quizplus · Accepted Answer

Scenario planning is particularly useful in industries where there is rapid change and high future uncertainty, as it helps organizations to prepare for a range of possible outcomes and develop appropriate strategies to respond to them. In industries where there is slow change or low future uncertainty, there may be less need for scenario planning as the future is easier to predict and plan for. The availability of data about the past may also be less relevant in determining the need for scenario planning.

Scenario Planning Is of Most Use in Industries Where There