A Contingency Plan

question 97

Multiple Choice

A contingency plan

• A)is used in conjunction with the organization's originally developed plan.
• B)is developed after considering contingency events.
• C)can be used only at a strategic level.
• D)makes an organization less flexible.
• E)is unnecessary for organizations that face a dynamic environment.

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Definitions:

Socioeconomic Status

An individual's or group's economic, social, and work status, often measured by income, education, and occupation.

Outgroup Homogeneity

The tendency to view members of an outgroup as more similar to each other than they actually are, often underlying stereotypes and prejudice.

Shared Beliefs

Common ideas, values, or perceptions held by a group of people, which help in forming the basis of a collective identity or culture.

Genital Stage

The final stage in Freud's psychosexual development theory, beginning in puberty, where sexual maturity is reached and sexual interests become concentrated on the genitals.