ABC Company Has Been Developing a Series of Plausible Scenarios

question 10

Multiple Choice

ABC Company has been developing a series of plausible scenarios that are constructed from trends in the environment.The firm has also been formally reviewing assumptions built into existing plans and positions.ABC Company is using the _______ mechanism to build an information system.

• A)environmental scanning
• B)Delphi studies
• C)scenario building
• D)competitive assessment
• E)export complaint system

---

Definitions:

Deregulation

The process of reducing or eliminating government regulations and restrictions in an industry to encourage increased competition and efficiency.

Regulatory Capture

A situation where regulatory agencies are dominated by the interests of the industries they are charged with regulating, often leading to biased and ineffective regulation.

Negative Externalities

Costs that are not reflected in the market price, caused by the production or consumption of goods and services, and borne by society rather than the producers or consumers.

Earmarks

Provisions within legislation that allocate specific funds to certain projects, often without a competitive bidding process.