Contingency plans include sets of actions to be taken when
A)a company's initial plans have not worked out well.
B)a company's growth exceeds all expectations.
C)the internal environment needs to be shaken up.
D)the external environment is extremely stable.
E)the internal and external environments are similar.

Question

Quizplus · Accepted Answer

Contingency plans are designed to address unexpected events or situations where an initial plan has not worked out well. These plans are set in place to ensure that a company can respond quickly and effectively to mitigate the impact of the unexpected event. Therefore, option A is the best choice.

Contingency Plans Include Sets of Actions to Be Taken When