Scenario Planning Quiz

What is the first step in the scenario planning process?

• Visioning

• Environmental Scanning

• Risk Assessment

• Stakeholder Engagement

Which of the following best describes 'Strategic Foresight'?

• Developing detailed financial plans

• Anticipating and preparing for future challenges and opportunities

• Conducting daily operational tasks

• Implementing marketing strategies

What is the purpose of 'Environmental Scanning' in scenario planning?

• To create a vision for the future

• To analyze external factors that could affect the institution

• To develop marketing campaigns

• To manage daily operations

Which term refers to the ability to quickly and effectively respond to changes and opportunities?

• Strategic Agility

• Long-term Planning

• Scenario Narratives

• Operational Readiness

What does 'Scenario Development' involve?

• Creating detailed and plausible narratives about different future environments

• Implementing daily tasks

• Conducting financial audits

• Managing stakeholder relationships