The Oil Company Shell Developed Scenario Planning

Multiple Choice

The oil company Shell developed scenario planning. This allows the company to formulate its strategic alternatives. Which of the below applies to this approach of strategy formulation? Please select all that apply

A) The model cannot represent reality because it is too complex to be adequately described.
B) The model is useful for analysing data and provides a background for strategic decisions.
C) It falls into the same school of thought with Porter's generic strategies.
D) It is rational.