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

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


Definitions:

Synergistic Effect

A situation where the combined action of two or more factors, agents, or substances results in a greater effect than expected from their individual effects.

Positive Feedback Loop

A process in a system where the output enhances or amplifies an initial change, leading to further increase in the output.

Atomic Mass

The total mass of protons and neutrons in an atom, measured in atomic mass units.

Neutrons

Subatomic particles within an atom's nucleus, possessing no electric charge.

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