Exploring the international Business environment Essay

Exploring the international Business environment - Essay Example Scenario planning was first implemented in military intelligence and military strategy studies. Scenario planning involves identifying trends and analyzing their predicted ramifications. Scenario planning helps organizations in implementing strategic investment, regulating hiring strategies and conducting capital planning. Organizations are able to execute scenario-based approaches to planning thereby developing credible solutions to potential challenges (Friedman, 2014). Scenario planning also helps firms to assess potential outcomes before implementation. Scenario planning is also beneficial in categorizing plans according to their short-term or long term feasibility. The paper will examine the demographic and religious forecast of Tajikistan until the year 2030 and the implications on Asian Development Bank’s strategic plan for Central and West Asian developing member countries. The Republic of Tajikistan is an autonomous country located in Central Asia. The country’s administrative, legislative and financial capital is Dushanbe. The country is bordered by Uzbekistan, Pakistan, Kyrgyzstan, Afghanistan, and China. Up until September 1991 when the country gained independence, Tajikistan was part of the Union of Socialist Soviet Republics. At 143,100 square kilometres, the country is the smallest nation in Central Asia (CIA, 2015). Tajikistan is landlocked and very mountainous. The country is divided into four provinces: one capital province, one autonomous province and two other provinces. The head of state is the president while the government is led by a prime minister. The Tajikistani legislature comprises of a national assembly and an assembly of representatives. The judiciary implements a civil law system (CIA, 2015). Tajikistan is classified as the poorest country in Central Asia and among former Soviet states. The country’s slow economic growth is attributed to the high levels of corruption, poor governance, political unrest, economic