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

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Definitions:

Tax System

The legal framework and methods by which a government collects money from individuals and businesses to fund public services and infrastructure.

Economic Growth

A rise in the economy's production of goods and services across a certain timeframe, usually assessed using GDP.

Demographic Transition

The shift in a population from high birth and death rates to low birth and death rates, often associated with industrialization and improved living standards.

Saving

The process of setting aside a portion of income for future use, instead of spending it immediately.