The Japanese tsunami disaster of March 2011 had a negative effect on the automobile industry. With production and distribution in Japan at a standstill, American auto assembly plants could not get the auto parts that usually come from Japan. “The Japanese Crisis, Terrorism, and American Business," companies must stay flexible, and create appropriate, alternate plans in case they are confronted by unexpected occurrences. These actions are more specifically referred to as Group of answer choices a. operational planning b. contingency planning c. tactical planning d. motivational planning

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter16: Country Risk Analysis
Section: Chapter Questions
Problem 1BIC
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The Japanese tsunami disaster of March 2011
had a negative effect on the automobile
industry. With production and distribution in
Japan at a standstill, American auto assembly
plants could not get the auto parts that usually
come from Japan. "The Japanese Crisis,
Terrorism, and American Business," companies
must stay flexible, and create appropriate,
alternate plans in case they are confronted by
unexpected occurrences. These actions are
more specifically referred to as
Group of answer choices
a. operational planning
b. contingency planning
c. tactical planning
d. motivational planning
Transcribed Image Text:The Japanese tsunami disaster of March 2011 had a negative effect on the automobile industry. With production and distribution in Japan at a standstill, American auto assembly plants could not get the auto parts that usually come from Japan. "The Japanese Crisis, Terrorism, and American Business," companies must stay flexible, and create appropriate, alternate plans in case they are confronted by unexpected occurrences. These actions are more specifically referred to as Group of answer choices a. operational planning b. contingency planning c. tactical planning d. motivational planning
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