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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Definitions:

Craft Unionism

A labor movement approach focusing on organizing workers in specific trades or crafts rather than in a single industry or factory.

Industry-Oriented Workforce

A labor force specifically trained or skilled in the needs and operations of a certain industry sector.

Social Unionism

An approach to unionism focusing on broader social and economic goals beyond the immediate workplace concerns, promoting social justice and equality.

Passive Union Membership

The status of union members who do not actively participate in union activities or governance, often merely paying dues.