Within the Context of Strategic Contingency Theory,a Strategic Contingency Is

question 32

Multiple Choice

Within the context of strategic contingency theory,a strategic contingency is

• A) a plan that will be used only in the event that the primary plan is unattainable.
• B) a reserve of funds to be used in case of emergency.
• C) an alternative plan of strategic importance.
• D) an event or activity that is extremely important for accomplishing organizational goals.

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Definitions:

Customer Service

The assistance and support provided by a company to those people who buy or use its products or services.

Workers' Pay

Compensation or salary received by employees for their labor or services provided to an employer.

Corporate Behavior

The actions, reactions, and interactions of a corporation with its stakeholders, governed by its culture, ethics, and governance practices.

Stockholders

Individuals or entities that own one or more shares of stock in a public or private corporation, which represents a share in its ownership.