Plausible representation of possible future based on assumptions is called*1 pointA. scenario analysisB. market analysisC. segmentation analysisD. targeted factors
Question
Plausible representation of possible future based on assumptions is called*1 pointA. scenario analysisB. market analysisC. segmentation analysisD. targeted factors
Solution
The plausible representation of possible future based on assumptions is called A. scenario analysis. This method involves creating detailed profiles of possible future events by considering various factors that can affect the outcome. It's often used in business planning, decision making, and risk management.
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