Which of the Following Steps Is Involved in Scenario Analysis

question 6

Multiple Choice

Which of the following steps is involved in scenario analysis?

• A) An intermediary presents each expert's forecast and assumptions to the others and allows the experts to revise their positions if they desire.
• B) Internal practices and procedures are examined and measured against the ways other successful organizations operate.
• C) Top-level managers estimate the human resource needs, and this information is then passed down to the lower-level managers.
• D) Once the forecast for future workforce needs is crystallized, line managers and human resource managers then work backward to identify key change points.

---

Definitions:

Ethical Development

The process of learning, understanding, and applying ethical principles and values in decision-making and behavior.

Sarbanes-Oxley Act

This act, enacted in 2002, aims to protect investors from the possibility of fraudulent accounting activities by corporations.

Corporate Fraud

It involves illegal activities undertaken by an individual or company in a deceitful manner, typically to gain a financial advantage.

Sarbanes-Oxley Act

U.S. legislation enacted in 2002 to protect investors from the possibility of fraudulent accounting activities by corporations, increasing transparency and accountability in corporate governance.