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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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A and E definitely make sense for using Scenario Planning.
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Precious
5 days ago
E definitely sounds like a reason to use Scenario Planning; group-think could limit perspectives on future challenges.
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Miesha
10 days ago
C and D seem like they wouldn't encourage Scenario Planning since they imply stability and past success.
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Roxanne
15 days 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
2 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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