Explain Why Scenario Planning Is One of the Most Widely

question 70

Essay

Explain why scenario planning is one of the most widely used planning methods or techniques.Also, explain how scenario planning improves the planning process.

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Definitions:

ATM Card

An ATM card is a plastic card issued by a bank or financial institution, enabling the cardholder to deposit, withdraw, or transfer funds through an Automated Teller Machine.

Notify

To inform or give notice to someone about specific information or an event.

Forgery

The process of making, adapting, or imitating objects, statistics, or documents with the intent to deceive.

Bank Statement

A document or electronic record issued by a bank detailing the transactions in a customer's account over a specific period.