Setting Contingency Plans in an Organization Is Considered Very Important

question 56

Multiple Choice

Setting contingency plans in an organization is considered very important today mainly because:

• A)conditions change rapidly in today's economic and competitive environments.
• B)most employees and staff don't understand strategic planning,so they tend to rely more on contingency plans.
• C)the government can charge firms with unfair business practices if they do not have such plans.
• D)managers have historically been poor tactical planners.

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