What Is the Technique Called That Asks What a Result

question 35

Multiple Choice

What is the technique called that asks what a result will be if a predicted amount is not achieved or if an underlying assumption changes?

• A)Strategic analysis
• B)Ratio analysis
• C)Risk analysis
• D)Sensitivity analysis

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Definitions:

Values

Core beliefs or principles that guide and influence attitudes and actions.

Task Environment

The immediate external factors that affect an organization's operations, including competitors, customers, suppliers, and regulatory agencies.

Intuition

The ability to understand something immediately, without the need for conscious reasoning, a "gut feeling."

Educated Guesses

Assumptions based on knowledge, experience, and logical reasoning, but without absolute certainty.