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CIMAPRA19-E03-1 Exam - Topic 6 Question 125 Discussion

Which of the following statements would encourage an Organization to use Scenario Planning?Select ALL that apply.
A) Uncertainty in the industry is high, relative to management's ability to predict or adjust to change. and B) Competitor's are increasingly using Scenario Planning as part of their strategy formulation process. and E) The Organization often experiences 'group-think', leading to a narrow view of the future.
C) The Organization has not previously experienced any major surprises or expensive strategic mistakes.
D) The Organization has achieved all of its objectives and operates within a stable external environment.

CIMAPRA19-E03-1 Exam - Topic 6 Question 125 Discussion

Actual exam question for CIMA's CIMAPRA19-E03-1 exam
Question #: 125
Topic #: 6
[All CIMAPRA19-E03-1 Questions]

Which of the following statements would encourage an Organization to use Scenario Planning?

Select ALL that apply.

Show Suggested Answer Hide Answer
Suggested Answer: A, B, E

Contribute your Thoughts:

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Ashley
10 hours ago
Definitely A! If you can't predict changes, you need a plan.
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Peggy
6 days ago
I think A and E are key. Uncertainty is a big deal.
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Celeste
11 days ago
Wait, is group-think really that common? Sounds surprising!
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Sunshine
16 days ago
B is a good reason too! Gotta keep up with competitors.
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Aleshia
21 days ago
C and D seem off. How can they need planning if they’ve had no surprises?
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Detra
26 days ago
Totally agree with A! Uncertainty is a big deal.
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Virgie
1 month ago
A) and E) make sense for using Scenario Planning.
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Dortha
1 month ago
Not sure if B is a strong enough reason to jump on the bandwagon.
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Buffy
1 month ago
Totally agree with A, the uncertainty is real out there.
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Armando
2 months ago
Wait, C and D? Those seem like reasons NOT to use it!
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Shelia
2 months ago
B is a good point, but not the only reason to adopt it.
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Adaline
2 months ago
A and E definitely make sense for using Scenario Planning.
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Precious
2 months ago
E definitely sounds like a reason to use Scenario Planning; group-think could limit perspectives on future challenges.
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Miesha
2 months ago
C and D seem like they wouldn't encourage Scenario Planning since they imply stability and past success.
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Roxanne
2 months ago
I'm not sure about B, but I remember a practice question where it mentioned competitors influencing strategic choices.
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Timothy
4 months ago
I think A makes sense because if there's a lot of uncertainty, organizations would need to plan for different scenarios.
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