« previous next »

Author Question: What is scenario planning? What will be an ideal response?[br][br][b][color=gray]Question ... (Read 242 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
on: Jul 6, 2018
What is scenario planning?
 
  What will be an ideal response?

Question 2

A firm's alliances formed with other businesses to achieve mutually beneficial goals is a(n)
 
  A) personal network.
  B) advisory board.
  C) board of directors.
  D) business network.


bblaney

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 6, 2018
Answer to Question 1

Scenario planning is also known as contingency planning. Scenario planning identifies different future scenarios and spells out what to do in each scenario. This helps managers deal with uncertainty by anticipating what may happen in the firm  though the future cannot be accurately forecast with certainty.

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Masters and Johnson’s Four-Phase Model of the Sexual Response Cycle Masters and Johnson’s Four-Phase Model of the Sexual Response Cycle
How to solve an exponential growth problem involving bacterial growth (Question 1) How to solve an exponential growth problem involving bacterial growth (Question 1)
Sound intensity log question Sound intensity log question
Please solve this quadractic question Please solve this quadractic question
economic question economic question
Coat color in mice Coat color in mice
Video: New DNA Strand Replication

For a complete list of videos, visit our video library