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AIdentify Three Potential Contingencies for Which an Electronics Retailer Needs

question 75

Essay

a.Identify three potential contingencies for which an electronics retailer needs a crisis management plan.Explain.
b.Develop a crisis management plan for one of these contingencies.


Definitions:

Confidence Interval

A range of values derived from sample data that is believed, with a certain level of confidence, to contain the true value of the population parameter.

Population Proportions

The fraction or percentage of items in a particular category within the entire population.

Parents

In genetics, the organisms that give rise to offspring, but in programming (especially object-oriented programming), it refers to the superior or controlling classes in hierarchical relationships.

Defect

A flaw or imperfection in a product, process, or system that fails to meet specified criteria.

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