In 2006, Ford Motor Company announced it would severely cut back its automobile production. For parts companies supplying Ford its parts, this represented a(n)
A)weakness.
B)opportunity.
C)strength.
D)threat.
E)strategic plan.

Question

Quizplus · Accepted Answer

The announcement by Ford Motor Company to severely cut back its automobile production is a threat to parts companies supplying Ford its parts. This is because the reduction in production will result in a decrease in demand for parts, leading to fewer sales and potentially lower revenues for these companies.

In 2006, Ford Motor Company Announced It Would Severely Cut