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Describe the Seven-Step Process of Effective Contingency Planning in Strategy

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Essay

Describe the seven-step process of effective contingency planning in strategy evaluation.


Definitions:

Tangible Concept

A principle or idea that has a clear and concrete presence or manifestation.

Team

A group of individuals working together towards a common goal, leveraging diverse skills, personalities, and perspectives for effective collaboration.

Speed

The rate at which someone or something is able to move or operate.

Project Team Members

Individuals who are assigned various roles and responsibilities to work collectively towards achieving the objectives of a project.

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