Scenarios Are Plausible Alternative Futures

question 5

True/False

Scenarios are plausible alternative futures. Their value lies not so much in the choice of plausible futures, but the flexibility gained by the process of considering what to do about them.

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Definitions:

Rivalry

The characteristic displayed by certain goods and services that consumption by one person precludes consumption by others.

Buys

The act of acquiring goods or services in exchange for money.

Product

Any good, service, or idea that can be offered to a market to satisfy a want or need.

Majority

Majority refers to more than half of a particular group or quantity, often used to describe the greater part of a population or collection.