Asked by Jonathan Philley on Jul 11, 2024

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___ involves identifying several possible future situations or states of affairs and then making plans to deal with each situation should it occur.

A) Scenario planning
B) External benchmarking
C) Forecasting
D) Staff planning
E) Internal benchmarking

Scenario Planning

A strategic planning method that organizations use to make flexible long-term plans, based on envisioning various future scenarios.

  • Comprehend the principle and advantages of scenario planning.
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KN
Katherine Nistal SayagoJul 13, 2024
Final Answer :
A
Explanation :
This type of planning is known as scenario planning, where multiple scenarios are considered and plans are made to address each one. External benchmarking involves comparing an organization's performance to competitors or industry standards, forecasting involves predicting future trends or events, staff planning involves determining the necessary workforce for a given project, and internal benchmarking involves comparing performance within an organization.