A finance company utilizes its extensive database to customize its credit card operation. The company is in the _____ phase of planning.
A) monitoring
B) vision
C) implementation
D) decision making

Question

Quizplus · Accepted Answer

The company is in the implementation phase because it is utilizing its database to customize its credit card operation, which implies that it has already made the necessary decisions and is now executing its plan. The monitoring phase comes after implementation, where the company evaluates and tracks the success of its plan. The vision and decision-making phases precede the implementation phase, where the company defines its objectives, analyzes its options, and makes decisions on how to proceed.

A Finance Company Utilizes Its Extensive Database to Customize Its