Contingency planning for no store electricity,vendors being out-of-stock on key items,and strikes need to be considered in _____.
A)crisis management
B)expense allocation
C)insurance planning
D)budget planning

Question

Quizplus · Accepted Answer

Contingency planning for situations like no store electricity, vendors being out-of-stock on key items, and strikes are considered part of crisis management. This involves developing alternative plans and procedures to ensure that operations can continue smoothly even when faced with unexpected challenges or emergencies. It is an important aspect of risk management and helps mitigate the impact of disruptions on the business.

Contingency Planning for No Store Electricity,vendors Being Out-Of-Stock on Key