As part of its emergency response plan to a crisis situation related to the safety of employees, Frazer Inc.closed down several of its steel-cutting factories.Although the media reported that Frazer's decision had a ripple effect throughout the steel industry, the company's reputation, credibility, and trustworthiness did not suffer.In the context of strategic planning, Frazer considered whether the firm:
A) should change its sourcing strategy.
B) should relocate its production to an underdeveloped country.
C) should change its target market.
D) had systems in place to respond to emergency requirements.
E) had the standing to impact other firms in the same industry.
Correct Answer:
Verified
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