Business Planning Terminology

2 words in this vocabulary list

noun a written outline of a movie, novel, or stage work giving details of the plot and individual scenes

  • The business analyst presented a detailed scenario analysis to the board of directors.
  • Let me paint you a scenario where we all win the lottery and retire early.
  • In what world would that scenario ever play out?
  • The artist's painting depicted a surreal scenario of a world without gravity.

noun a person who lacks foresight or understanding

adjective lacking foresight or understanding; narrow-minded

  • The company's decision to cut costs by reducing research and development was shortsighted.
  • I think it's shortsighted to only focus on short-term gains without considering long-term consequences.
  • It's pretty shortsighted to skip studying for the exam just because it's open book.
  • Being shortsighted in your career goals can limit your potential for growth and success.