Answer:
options-based planning.
Explanation:
Options-based planning is a strategy that guards against failure. The business makes small Investments in several alternative plans. It considers what could go wrong in business operations and plans alternative measures to mitigate total failure.
Woolplanknis an apparel company, and to protect against failure they invested in 5 sheep farms. This year they are planning to nlbuy the most profitable sheep farm. They are using options based planning.
