Woolplank is an apparel company that specializes in woolen clothes. It heavily invested in five sheep farms last year. This year, it plans to buy the most profitable sheep farm out of the five. In this scenario, Woolplank is most likely using _____.
A) reverse planning
B) options-based planning
C) time-based planning
D) rigid planning

Question

Quizplus · Accepted Answer

Woolplank is using options-based planning as it has invested in multiple options (sheep farms) and plans to choose the most profitable one based on the outcomes.

Woolplank Is an Apparel Company That Specializes in Woolen Clothes