Which of the following statements would encourage anOrganizationto use Scenario Planning?
Select ALL that apply.
A . Uncertainty in the industry is high, relative to management’s ability to predict or adjust to change.
B . Competitor’s are increasingly using Scenario Planning as part of their strategy formulation process.
C . TheOrganizationhas not previously experienced any major surprises or expensive strategic mistakes.
D . TheOrganizationhas achieved all of its objectives and operates within a stable external environment.
E . TheOrganizationoften experiences ‘group-think’, leading to a narrow view of the future.
Answer: A,B,E
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