How Does Scenario Analysis Enhance Forecasting in Uncertain Business Environments?

As a Growth Consultant for a fast-growing online streaming service, you are assessing different forecasting methods.

Select the scenario(s) where scenario analysis would be most beneficial:


  • 1. Estimating next month's subscriber growth based solely on historical subscription data trends.

  • 2. Planning for potential outcomes in subscriber numbers based on upcoming changes in subscription pricing models.

  • 3. Developing strategies for different market scenarios, such as the introduction of a new major competitor or changes in content licensing regulations.

Choose the closest answer: