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What is the benefit of using Multiple Operation feature comparative to Scenario?

Posted by Vidit Maheshshwari 4 years, 2 months ago

CBSE > Class 10 > Computer Applications (165)

1 answers

Meghna Thapar 4 years, 2 months ago

Scenario analysis enables insurers to develop mitigation strategies and contingency plans for such events. Ultimately, the use of scenario analysis can help insurers to avoid making poor decisions and to identify growth opportunities that could increase the return on equity and reduce income volatility. Scenario planning is a creative process much like writing a novel with a plot beginning with current reality. The object is to create a variety of plausible futures and analyze how the enterprise would fare under each of them. It is generally used to assess the risk associated with a key decision being considered.

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