Proactive Managers Try to Identify Those Situations That Are Likely

question 83

True/False

Proactive managers try to identify those situations that are likely to be susceptible to a crisis, and then develop basic contingency plans for crisis management.

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Definitions:

Firm's Mission

A statement or declaration of the purpose and values that guide the activities and goals of a company.

Business Plans

Detailed outlines that define the objectives, strategies, and operational actions for business ventures, aimed at achieving success.

Goals

Broad, long-term aims that guide actions and decisions within an organization or personal life.

Minority-Owned

Refers to a business that is at least 51% owned, operated, and controlled on a daily basis by one or more (in combination) racial or ethnic minorities.