______ Encourages Organizations to Consider Several Likely Possible Future States

question 45

Multiple Choice

______ encourages organizations to consider several likely possible future states, to consider which of those is most likely, and then to develop plans and actions that could account for a number of possible future situations.

• A) Strategic mapping
• B) Scenario planning
• C) Strategic planning
• D) Search conferences

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Definitions:

Capital Gains

The profit from the sale of assets or investments, such as shares or property, which exceeds the purchase cost.

Eligible Dividends

Dividends that are designated by corporations to be eligible for a lower tax rate in the hands of individuals, in certain jurisdictions.

Marginal Tax Rates

The percentage rate at which an additional dollar of income is taxed.

Provincial Tax Brackets

The divisions at which income is taxed at different rates within a province, depending on the level of the taxpayer's income.