One Characteristic of Scenario Analysis Is That

question 118

Multiple Choice

One characteristic of scenario analysis is that:

• A)it allows only one variable at a time to change.
• B)it limits variation to only three of the more likely variable combinations.
• C)all or nearly all variations are analyzed, regardless of likelihood.
• D)managers generate each variation by hand.

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Definitions:

Prescriptive Behavior

Actions or patterns of behavior that are recommended or expected in certain situations or societies, often based on norms or rules.

Essential Outcomes

Refers to the critical or necessary results that need to be achieved in any given process or negotiation.

Unobservable Behaviors

Actions or reactions that cannot be directly seen or measured, often related to internal processes or thoughts.

Varied Loops

Different cycles or sequences of events that repeat, each with unique characteristics or outcomes.