Omega Corp

Multiple Choice

Omega Corp. has a goal of increasing its production and reducing overhead costs. To achieve this goal, the company has developed four alternate action plans. The idea is to monitor how these plans work and then invest more in the one that shows maximum results. This kind of planning that allows for flexibility is known as _____.

A) reverse engineering
B) option­based planning
C) policy planning
D) single­use planning
E) contingency planning