Question

Strategic Review Process Element

We have to consider how our actions will affect local neighborhoods. Last year there were three "occupy" protests downtown. a. Scenario building
b. Stakeholder mapping
c. New strategic projects
d. Trend Analysis
If banking regulations start to tighten up, we will work on developing our remote deposit and other services that will allow banking customers easier access to us. But if banking regulations get looser, we will branch out into other types of financial services, including insurance, venture capital, and underwriting new bond issues. a. Scenario building
b. Stakeholder mapping
c. Contextual intelligence
d. Contingency planning
We’ve seen a 3% increase in the amount of money held in our bank’s liquid accounts every year since the recession began in 2008.
a. Scenario building
b. Stakeholder mapping
c. Trend analysis
d. Contingency planning

Answer 1

1. b. Stakeholder mapping
2. d. Contingency planning
3. c. Trend analysis

Step-by-step explanation:

1. Stakeholder mapping refers to looking into the the parties that have an interest in a project whether internally or externally. The narrator speaks of how their actions will affect local neighborhoods thereby acknowledging the people in the neighborhood as stakeholders whose interests they need to be mindful of.

2. Contingency planning refers to making alternative plans in case one fails. This is what the narrator alludes to in the text by posing solutions to the tightening or loosening of banking regulations.

3. Trend analysis is used to measure the change in variables overtime. The narrator here speaks on how the amount of money in the bank has increased by 3% every year since 2008 which means they are comparing variables overtime.