A clothing wholesaler that buys most of its inventory from manufacturers in the Caribbean should have a _____ plan in the event a hurricane demolishes the manufacturing facility of one of its principal suppliers.

Question

Quizplus · Accepted Answer

A contingency plan is designed to take into account possible future events or circumstances, particularly those that could pose a threat or cause disruption, such as a hurricane damaging a supplier's manufacturing facility. This type of plan is essential for a business to prepare for unforeseen disruptions in its supply chain.

A Clothing Wholesaler That Buys Most of Its Inventory from Manufacturers