After Ford has recognized a trend that they would like to implement into a vehicle, they engage in _______, the development of a plan for converting an idea into an actual product. quilet

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Answer:

The correct answer is letter "C": design planning.

Explanation:

Design planning involves all the steps by which a firm drafts the product they would like to offer and determines what activities will be necessary to transform the draft into reality. The firm's production, marketing, and budget are also outlined at this stage to find out what resources will be necessary for the venture.  

This information is helpful for investors since they will be the ones deciding if funding the plan or not.