Contingency Planning Is Also Known As

question 40

Multiple Choice

Contingency planning is also known as:

• A)global planning
• B)corporate-level planning
• C)business-level planning
• D)scenario planning
• E)all of these choices are incorrect

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Definitions:

Jim Sinegal

Co-founder and former CEO of Costco Wholesale Corporation, known for his contributions to retail and organizational culture.

Customers

Individuals or entities that purchase goods or services from a business or vendor.

Causal Factors

Elements or conditions that bring about an effect or change, directly influencing outcomes in a specific context.

Competency

The ability of an individual to do a job properly, encompassing knowledge, skills, and behaviors.