Scenario Planning Is of Most Use in Industries Where There

question 9

Multiple Choice

Scenario planning is of most use in industries where there is:

• A)slow change
• B)rapid change
• C)low future uncertainty
• D)a lot of data about the past

---

Definitions:

FOB Destination

A shipping term indicating that the seller bears shipping costs and retains ownership of goods until they are delivered to the buyer's location.

Shipping Terms

Agreements or conditions that specify the responsibilities of the buyer and seller in the delivery of goods, including who pays for shipping and insurance.

Merchandise

Goods that are bought and sold in the course of business, usually in a retail environment.

Delivery Expense

The costs incurred by a business to transport its goods to the customer, often treated as a direct or indirect expense depending on the nature of the expense allocation.