Recently, Litton Industries was evaluated by a Boston consulting firm, and the firm found that Litton does not have a process in place to make plans and decisions to ensure its long-run performance. As a result of this finding, the consulting firm recommended to Litton that it develop a
A) functional plan.
B) strategic plan.
C) contingency plan.
D) tactical plan.
E) operational plan.

Question

Quizplus · Accepted Answer

A strategic plan is recommended for ensuring long-run performance as it involves setting long-term goals and determining the resources and actions needed to achieve them, addressing the issue identified by the consulting firm.

Recently, Litton Industries Was Evaluated by a Boston Consulting Firm