Question: e To formulate future strategy, a high-technology firm needs to understand the range of outcomes for its industry in the medium term. If its management
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To formulate future strategy, a high-technology firm needs to understand the range of outcomes for its industry in the medium term. If its management team chooses to use scenario planning achieve this, which of the following should it avoid? O a. It should numerically model all drivers that will ultimately influence outcomes in order to understand cause and effect as accurately as possible. Ob. It should consider logical links between drivers in order to limit the number of scenarios it develops in detail. It should base its thinking about scenario drivers on specific research as far as possible. d. It should incorporate a degree of divergent thinking commensurate with the timescale under consideration. - It should consult widely and make maximum use of expert knowledge within and outside the business. ng out a 5-force competitive analysis on vehicle fuel retailing in New Zealand, which of the following would be a sensible statement? mpetition amongst existing firms is exacerbated by industry decline, high exit costs, and emotional attachment to the industry. aining power of buyers is high as impoverished buyers have high propensity to use various discount coupons
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