The Contingency Plan for a Company Has an Alert Set

question 4

Multiple Choice

The contingency plan for a company has an alert set at sales declines of 20 per cent or more,compared to the previous month.In which stage of the contingency planning process would such an alert be set?

• A)specifying response options
• B)activating the contingency plan
• C)tracking and monitoring the action plan
• D)identifying critical assumptions

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Definitions:

Police Protection

Services provided by law enforcement agencies to ensure public safety and enforce the law.

Taxation

The process by which governments impose financial charges on individuals or entities, which funds public spending and services.

Voluntarily Pay

A scenario where payments are made without legal obligation, often as a gesture of goodwill or charity.

Antitrust Laws

Prohibitions against price fixing and other anticompetitive practices.