Multiple Choice
The strategic planning process can often include a discussion of future scenarios. Which of the following statements most closely describes the activity of scenario building?
A) Conducting a PEST analysis to generate opportunities and threats
B) Constructing a SWOT analysis to generate strategic options for the future
C) Constructing pictures of possible futures often deriving from a PEST analysis
D) Developing simulations to test market behaviour
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Distinguish between strategy content, strategy process and
Q6: Which of the following statements most closely
Q7: Porter's Five Forces model takes a systems
Q8: Generally there are three distinct levels of
Q9: In practice, strategies can come about in
Q11: The evolutionary view of strategic management argues
Q12: Popular strategic management tools such as the
Q13: Tacit knowledge is knowledge that<br>A) Is easy
Q14: Which of the following statements describe the
Q15: What are the advantages of conducting strategic