Which of the Following Statements About Scenario Planning Is True

Multiple Choice

Which of the following statements about scenario planning is true?

A) It can include firms' competitive environment as summarized by the Five Forces Model and other anticipatory elements that are difficult to formalize.
B) Scenarios always include expectedly important situations and problems that exist in some form in the present day.
C) At the end of the scenario planning exercise, analysts recommend selecting an even number of scenarios that vary from low to high on a single key variable.
D) It tends to vary one quantifiable variable while holding others constant to see the likely effect.