Shell Oil Is Provided as an Example of a Firm

question 4

Multiple Choice

Shell Oil is provided as an example of a firm effectively using scenario planning.In the 1960s,they prepared for a strong OPEC and therefore rising oil prices.What are they now predicting about future energy needs?

• A) Energy needs will continue to grow, spurred by BRIC countries.
• B) In 2025, that 20 percent of our energy will be generated from renewable technologies.
• C) That the Middle East leadership will fracture and oil prices will drop.
• D) In 2025, that 50 percent of our energy will be generated from renewable technologies.

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Definitions:

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