Which of the Following Statements About Scenario Planning Is TRUE

question 8

Multiple Choice

Which of the following statements about scenario planning is TRUE:

• A) It involves the construction of multiple alternative views of the future.
• B) It relies only judgmental forecasts.
• C) It relies only on statistical forecasts.
• D) It discourages proactive and anticipatory HR planning
• E) It increases the chances that radical reactive changes will be required due to unexpected changes in the internal environment.

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Definitions:

ANOVA Procedure

A statistical method used to test differences between two or more means by analyzing variance.

Population

A term referring to the complete set of individuals, events, or objects of interest in a particular study.

Null Hypothesis

A default hypothesis that there is no effect or no difference, and any observed difference is due to sampling error.

Population Means

The average values derived from the entire set of individuals or items in a defined group.