The process of scenario planning begins with which of the following steps?
The process of scenario planning begins with which of the following steps?
The process of scenario planning begins with selecting the issue or decision that will impact how the organization conducts future business. This step is crucial as it sets the direction and scope of the scenario planning process, guiding the subsequent steps and ensuring that the scenarios generated are relevant to the organization's strategic concerns.
how can answer be b, b should be the last option after considering factors? are they misleading us with the wrong answer?
B is correct. you have to identify the issue first
Set objectives first.
Determining the trends that will influence key factors in the organization's environment.Selecting the issue or decision that will impact how the organization conducts future business.Identifying how customers, suppliers, competitors, employees, and other stakeholders will react.Selecting leading indicators to alert the organization of future developments.
B is correct.It’s the first step because it sets the direction for the rest of the scenario planning process.