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When a Company Generates Multiple Forecasts of Future Conditions Followed

question 16

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When a company generates multiple forecasts of future conditions followed by an analysis of how to respond effectively to each of those conditions,this is known as:


Definitions:

Sternberg

Sternberg refers to Robert Sternberg, an influential psychologist known for his theories on intelligence, creativity, love, and wisdom.

Religion

A set of beliefs, practices, and moral codes related to the worship of or belief in a supernatural power or powers considered to be divine or sacred.

Cognitive Dissonance

The psychological unease felt when an individual simultaneously possesses conflicting beliefs, ideas, or values.

Dissonance

A state of conflict or inconsistency between one's beliefs, attitudes, or actions, often leading to discomfort and change.

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