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scenario planning

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › scenario planning

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by Ken Garrett.
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  • February 11, 2016 at 6:16 am #299997
    Vipin
    Member
    • Topics: 151
    • Replies: 365
    • ☆☆☆☆

    By their very nature scenarios should not attempt to allocate probabilities to the key factors.

    Why probabilities should not be allocated to the key factors?

    February 11, 2016 at 7:28 am #300010
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10621
    • ☆☆☆☆☆

    Why can’t probabilities be given to key factors? Scenario planning implies arranging a number of factors that are likely to happen together and some assessment of probability is inherent in that.

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