Contingency Planning Involves Identifying Aspects of a Business That Require Changes in Organization

question 30

Short Answer

Contingency planning involves
identifying aspects of a business that require changes in organization in three to five years' time.
developing plans for a business should there be a sudden decrease in revenue or increase in expenses.
an organization's methods for dealing with emergencies.
developing plans for future growth.
identifying aspects of a business or its environment that might entail changes in strategy.

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Definitions:

Facial Expression

The arrangement and movement of the facial muscles to convey emotion, information, or reactions.

Brows Raised

A facial expression where the eyebrows are lifted upwards, often indicating surprise, curiosity, or questioning.

Eyes Widened

A physical reaction where the eyelids open more than usual, often in response to surprise, shock, or intense focus.

Mouth Rounded

Describes the shape and position of the lips when forming certain speech sounds, often contrasted with lip spreading or neutral positions.