Costco's top management has made the decision to open two new stores. This decision
illustrates the development of a contingency plan.
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Q46: threats can be comp ex, since these
Q47: In centralized companies, a small number of
Q48: Planning for unexpected events is called tactical
Q49: "Reducing delinquent accounts" is an example of
Q50: A SWOT analysis is a strategic planning
Q52: Operational planning is specific, shortterm planning that
Q53: Strategic planning is highlevel, longterm planning that
Q54: Development of a firm's mission is part
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Q56: When developing contingency plans, firms typically focus
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