Question

Strategic Review Process Element

Answer 1

Answer:

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

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.