Why Is It Necessary for a Company to Have a Contingency

question 11

Essay

Why is it necessary for a company to have a contingency plan?

---

Definitions:

Human Skills

Abilities that enable individuals to work well with others, such as communication, empathy, and leadership.

Nonmanagerial Employees

Workers within an organization who do not have supervisory roles or responsibilities.

Day-to-day Decisions

Operational choices made on a regular basis within an organization, dealing with routine tasks and immediate issues.

Supervisory Manager

A manager who directly oversees the work of employees and is responsible for day-to-day operations.