Expert answer:You just need to talking about the parts that my group members haven’t talked about, that will be fine. I will show you the pictures about the parts what my group members talked. Foresight Discussion Board – open November 19 – Group 1From No unread replies.1212 replies.Select a firm or industry.Consider the current situation (baseline). Are things going well? Does the business tend to perform well when the general economy is going well?What are some threats to the current state of affairs? Threats can include new competition, legal/governmental issues, technology, obsolescence, etc.Consider three possible scenarios: 1) optimistic, 2) baseline, and 3) pessimistic. Describe the situation in each scenario.Use the Delphi Method to attach likelihoods to these. (Note that the probabilities for the three MUST sum to one.)Discuss strategies for best handling your scenarios. Note that a good strategy will take advantage of opportunities in the “optimistic” situation, and be robust to the “pessimistic” situation.
1.png
2.png
3.png
Unformatted Attachment Preview
…
Purchase answer to see full
attachment
