_____ refers to planning for unexpected events, usually involving a range of scenarios and assumptions that differ from the assumptions behind the core plans.

Question

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Contingency planning refers to the process of identifying potential events or situations that may disrupt normal business operations and creating a plan to address them. This type of planning typically involves developing alternative courses of action, identifying key resources and personnel, and establishing procedures for communication and decision-making. Contingency planning is an important part of risk management and can help organizations prepare for a wide range of unexpected events, such as natural disasters, technological failures, or security breaches.

_____ Refers to Planning for Unexpected Events, Usually Involving a Range