Since gas prices have soared and consumers have cut back on their spending on new trucks and SUVs Ford Motor Corporation is transforming several of its plants to create small cars.Ford has engaged in:
A) benchmarking
B) tactical resource realignment
C) alternative selection
D) portfolio evaluation
E) strategic planning

Question

Quizplus · Accepted Answer

Strategic planning provides a long-term vision and thus guides long-term commitment of resources.

Since Gas Prices Have Soared and Consumers Have Cut Back