_____ planning allows companies to maintain flexibility by making small simultaneous investments in many alternative plans.
A)Strategic
B)Optionsbased
C)Actionbased
D)Functional
E)Operational

Question

_____ planning allows companies to maintain flexibility by making small simultaneous investments in many alternative plans.
A)Strategic
B)Options­based
C)Action­based
D)Functional
E)Operational

Quizplus · Accepted Answer

Options-based planning involves making small simultaneous investments in many alternative plans, allowing companies to maintain flexibility and adapt to various contingencies. Strategic planning involves establishing long-term goals and allocating resources to achieve them, while functional, operational, and action-based planning are more focused on specific areas such as departments, processes, and tasks.

_____ Planning Allows Companies to Maintain Flexibility by Making Small