Which One of the Following Is NOT Part of the Process

question 115

Multiple Choice

Which one of the following is NOT part of the process of industry scenarios?

• A) Examine possible shifts in societal variables.
• B) Identify uncertainties in each of the six forces in the task environment.
• C) Generate at least 15 scenarios.
• D) Make a range of plausible assumptions about future trends.
• E) Analyze the industry situation that would prevail under each scenario.

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Definitions:

Placebo Effect

The beneficial effect on a person's health that arises from the person's expectations rather than from the actual treatment.

Spontaneous Recovery

A phenomenon in classical conditioning where a previously extinguished response re-emerges after a period of no exposure to the conditioned stimulus.

Overestimate

Assessing something as more significant, valuable, or numerous than it actually is.

Self-justification

A psychological process where individuals defend their actions and thoughts when they are challenged, to preserve their self-esteem.