Which of the Following Is True of a Contingency Plan

question 90

Multiple Choice

Which of the following is true of a contingency plan?

• A)It primarily translates broad goals into specific ones.
• B)It serves as an alternative when the initial plan fails to work.
• C)It is normally used in stable environmental conditions.
• D)It is seldom used by corporations to respond to major disasters.
• E)It is sometimes referred to as a "why not" plan.

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Definitions:

K-P Boundary

The K-Pg (Cretaceous-Paleogene) Boundary marks the mass extinction event about 66 million years ago that led to the extinction of the dinosaurs and many other species.

Meteorite Impact

The collision of a meteorite with the Earth's surface, causing crater formation and often leading to significant geological changes.

Added Value Negotiating

A negotiation technique where both parties work together to find solutions that enhance the value of the deal for everyone.

Openness

A trait or quality that involves being receptive to new ideas, experiences, and diverse perspectives, often considered crucial in creative and collaborative environments.