Forge Right Inc., a manufacturing company, developed a strategic plan that assumed improved growth in its industry. Additionally, it generated several ________ for different economic settings. When a recession started, Forge Right Inc. quickly implemented the plan based on those conditions. As a consequence, it survived more easily than other firms in the industry.

A. projection statements
B. financial reports
C. annual reports
D. scenarios
E. roadmaps


Answer: D

Business

You might also like to view...

Companies selling perishable products generally prefer direct marketing, which minimizes delays

Indicate whether the statement is true or false

Business

Equivalent units are defined as the number of units completed and transferred out of work in process inventory during the current period

Indicate whether the statement is true or false

Business

Brisa recently had a baby. When she returned from maternity leave, her manager assumed that she would want to work fewer hours and would be distracted by things at home. Although Brisa’s performance remained as high as it had been before the baby, her boss gave her lower marks on her performance appraisal. It is likely his manager made an error due to _______.

A. similarity B. stereotyping C. proximity D. contrast E. ranking

Business

A partial loss is known in the marine insurance industry as a particular average

Indicate whether the statement is true or false

Business