"What If" Planning,based on Alternative Scenarios,is Called ________

question 98

Multiple Choice

"What if" planning,based on alternative scenarios,is called ________.

• A) scenario analysis
• B) contingency planning
• C) strategy planning
• D) benchmarking

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Definitions:

Abstract Reasoning

The ability to analyze information, detect patterns and relationships, and solve problems on a complex, intangible level.

Concrete-operational Thought

A stage in Piaget's theory of cognitive development during which children gain the ability to think logically about concrete events.

Formal-operational Thought

The fourth and final stage of Piaget's theory of cognitive development, characterized by the ability to think abstractly, logically, and systematically.

Hypothetical-deductive Reasoning

A method of problem solving or decision-making that starts with a hypothesis or question and involves deducing specific predictions and testing them.