Which of the following is true of scenario analysis?

(A) It helps in formulating a solution for a future problem.
(B) It is primarily used to solve current problems with existing products in the market.
(C) It focuses on the problems that competitors are aware of.
(D) It primarily involves watching customers using products in their own environments.

Respuesta :

Answer:

(A) It helps in formulating a solution for a future problem.

Explanation:

Scenario analysis is a form of projection, where future events are analysed by considering multiple solutions. It presents several possible scenarios of the future.

Scenario analysis allows for better decision-making making by giving business owner the option of choosing the best line of action to obtain a future result.