Which of the following statements about contingency plans is NOT true?
A) Contingency plans should be as simple as possible.
B) Only high-priority areas require the insurance of contingency plans.
C) Contingency plans should be developed for favorable and unfavorable events.
D) Strategists should plan for all possible contingencies.
E) Contingency plans minimize the impact of potential threats.

Question

Quizplus · Accepted Answer

It is not feasible or practical for strategists to plan for all possible contingencies due to the vast number of potential scenarios and limited resources. Instead, they should focus on the most likely and impactful events.

Which of the Following Statements About Contingency Plans Is NOT