Question 3The focus of scenario planning is on what level?1 pointThe organizationThe transactional environmentThe dynamic environmentThe external environment
Question
Question 3The focus of scenario planning is on what level?1 pointThe organizationThe transactional environmentThe dynamic environmentThe external environment
Solution
The focus of scenario planning is on "The external environment."
Scenario planning is a strategic planning method that organizations use to make flexible long-term plans. It involves creating a set of various plausible and sometimes challenging future scenarios based on factors in the external environment. These factors can include economic trends, social changes, technological advances, political and legal changes, etc. By considering these different scenarios, organizations can prepare for a range of possible futures and make more robust strategic decisions.
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