hypothetical scenarios

A hypothetical scenario is a “what if” situation used to explore possible outcomes or solutions. For example, imagining what might happen if a company raises prices helps assess potential customer reactions. It’s a way to consider different possibilities without real-world consequences, making it useful for planning and decision-making. By imagining various scenarios, you can better understand risks, benefits, and impacts, even before they happen. This approach helps individuals and organizations prepare for different future conditions and make informed choices.