What is the definition of a scenario in scenario planning?
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Scenario planning also called scenario thinking or scenario analysis, is a strategic planning method that some organizations use to make flexible long-term plans. It is in large part an adaptation and generalization of classic methods used by military intelligence
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Scenario planning is the practice of creating varying courses of action for a business to implement based on potential events and situations, known as scenarios. ... Having planning in place allows the business to respond to conditions more quickly and effectively.
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