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Provide a Definition for the Term Scenario Analysis

question 123

Essay

Provide a definition for the term scenario analysis.


Definitions:

Reactive Controls

Management techniques that respond to problems or situations as they arise rather than anticipating them and acting in advance.

Post-action

Refers to the period or activities that happen after a specific action or event has taken place, often involving review or evaluation.

Feedback Controls

Mechanisms used in a system to adjust its performance based on differences between actual outcomes and desired outcomes.

End Results

The final outcomes or conclusions of a process, activity, or operation, reflecting its effectiveness or success.

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