When a Company Generates Multiple Forecasts of Future Conditions Followed

question 16

Multiple Choice

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:

• A)business-level planning
• B)global planning
• C)scenario planning
• D)corporate-level planning
• E)contingent planning

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Definitions:

Crystallized Intelligence

The capacity for utilizing knowledge and experiences that have been learned.

Steady

Describes a constant, unchanging condition or situation, often used to refer to something that does not vary in intensity or pace.

Adulthood

A phase of life characterized by the completion of physical growth, the assumption of adult responsibilities, and legal recognition of majority.

Crystallized Intelligence

The ability to use skills, knowledge, and experience gained over time. It contrasts with the ability to reason quickly and abstractly.