Question: Identify an industry that is undergoing intense competition or is being featured in the business press. Discuss how scenario planning might be used by competitors

Identify an industry that is undergoing intense competition or is being featured in the business press. Discuss how scenario planning might be used by competitors to prepare for future events. Can some industries benefit more than others from this type of process? Explain why.

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Scenario planning Scenario planning is the process of creating a variety of possible future scenarios by forecasting based upon the analysis done on the trends that can help organizations to estimate ... View full answer

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