What Is a Contingency Fund

question 9

Essay

What is a contingency fund?

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Definitions:

Compensatory Effect

A psychological phenomenon where individuals adjust their behavior to counterbalance perceived deficiencies or enhance group performance.

Brainstorming Rules

Guidelines designed to encourage creative thinking and generate a wide range of ideas in a group setting, often including no criticism and building on others' ideas.

Piggybacking

The act of using someone else's network or connection without their permission or the practice of adding onto or benefiting from someone else's effort.

Evaluated Ideas

Ideas that have been critically assessed for validity, importance, or relevance, often within an organizational or research context.