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

Question

Quizplus · Accepted Answer

Ford Motor Company's decision to cut back automobile production would represent a threat to parts companies supplying Ford Motor as it would most likely lead to a decrease in demand for their products, potentially impacting their revenue and profitability.

In 2006, Ford Motor Company Announced It Would Severely Cut