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A multidomestic company identifies a risk that regulations in some national markets will likely change over time. Such changes could impact product design and distribution in each market and have varying impacts on the company's financial success. What technique would best address the possible impacts of this risk when formulating strategic plans?

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OlanmaE

The technique that would best address the possible impacts of this risk when formulating strategic plans is: Scenario planning.

Scenario planning refers to the methods that are used in ascertaining future conditions to determine how an organization will respond to future changes.

In the case of the multi-domestic company above, an assessment is made of the future changes that might result due to the changes in regulations over a period of time.

Thus, they engage in scenario planning.

Learn more about scenario planning here:

https://brainly.com/question/5408522

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