When managers envision different "what$-$if$"$ future alternatives and develop strategic plans to address them, they are engaging in scenario planning. The process of planning scenarios can be considered a microcosm of the overarching framework of this textbook Analysis is identifying a variety of future scenarios. Formulation is developing strategic plans to address many of those future scenarios. What is the final Implementation phase of scenario planning?

Multiple Choice

Executing a dominant strategic plan. Strategy is meaningless if it is not actionable.

Presentation of the alternative plans to senior management.