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Exercises

1: Which one of the following identifies the assumption needed to develop a best-case scenario?
  1. The decision on which the scenario is based is the right one.

  2. All trends will work in favor of our decision.

  3. All uncertainties will turn to certainties because of our decision.

  4. All uncertainties will work out in our favor.

2: Which of the following are elements you should identify when scenario planning?
  1. Uncertainties

  2. Parameters

  3. Conditions

  4. Forces

  5. Certainties

  6. Trends

3: What are the advantages of scenario planning?
4: List the three steps of the extremes method.
5: Icon International is planning to outsource some of its projects from Graytown, Arizona, to a company in India, because cost of labor is less expensive in India. However, this decision would adversely affect the Graytown employees, because many would lose their jobs. The decision has generated unrest among the employees. The union has taken over the problem and has started conducting protest demonstrations.

Apply the extremes method and determine whether the decision should be implemented or not




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