In recent years, the FinTech companies and the market place lending have entered into this vacuum and have become immensely and instantly successful and have become a powerful trend. This trend has the potential to become a game changer for small businesses. Because FinTech solutions are efficient and effective, the FinTech’s disruptive power is good display.
Scenario analyses can be a valuable strategic planning tool for companies because they can simulate the outcomes of different sets of factors. This feature can make scenario analyses an important part of transition plans. They allow the resilience of transition plans to be assessed under a variety of scenarios.