contingency analysis

Definition

Simulation analysis that employs different qualitative assumptions (associated with probable events or phenomenon) to paint different scenarios, and tries to come up with the most optimal responses under the circumstances. It asks questions such as "If we cut our prices by five percent, then how our competitors will respond?" or "What will happen to our cash flow if a fire destroys our communications network?" and seeks answers through in-depth analysis and broad based consultation. Also called if-then analysis. See also sensitivity analysis.

单词	contingency analysis
释义	contingency analysis Definition Simulation analysis that employs different qualitative assumptions (associated with probable events or phenomenon) to paint different scenarios, and tries to come up with the most optimal responses under the circumstances. It asks questions such as "If we cut our prices by five percent, then how our competitors will respond?" or "What will happen to our cash flow if a fire destroys our communications network?" and seeks answers through in-depth analysis and broad based consultation. Also called if-then analysis. See also sensitivity analysis.
随便看	internal attribution internal audience internal audit internal benchmarking internal check internal claim internal communication internal control internal cost analysis internal customer internal data internal deliverable internal economies of scale internal environment internal equity internal expansion internal factors internal failure costs internal financing internal funds internal income internalization internalizing an externality internal marketing internal rate of return (IRR)