By Forcing Entrepreneurs to Consider Multiple Outcomes and Possibilities, Contingency

question 22

Multiple Choice

By forcing entrepreneurs to consider multiple outcomes and possibilities, contingency plans help a growing business deal with all of the following except ____. ​

• A)downturns and upturns in the economy
• B)new regulations
• C)changes in customer tastes and preferences
• D)exit strategies
• E)litigation

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Definitions:

Cognition

The process of obtaining information and grasping its meaning through intellectual engagement, personal experiences, and the use of our sensory organs.

Alert

The state of being watchful and prompt to meet danger or emergency, or to act if necessary.

Dignity

Dignity is the state of being worthy of honor or respect, often considered an intrinsic value held by every human being.

Older People

Individuals typically considered to be in the later stages of life, often retired and experiencing the physical and cognitive effects of aging.