Contingency Planning for No Store Electricity,vendors Being Out-Of-Stock on Key

question 82

Multiple Choice

Contingency planning for no store electricity,vendors being out-of-stock on key items,and strikes need to be considered in ________.

• A) crisis management
• B) insurance planning
• C) expense allocation
• D) budget planning

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Definitions:

Achievable

A term describing a goal or target that is realistic and within reach, encouraging practical planning and effort to accomplish.

Expense Forecast

An estimate of future costs incurred by a business or project over a specific period.

Cash Cows

Products or business units that generate significantly more revenue than they consume in resources, often funding other areas of a business.

BCG Matrix

A strategic business tool that uses market growth and market share to categorize business units or products into four quadrants: Stars, Question Marks, Cash Cows, and Dogs.