Which of the following is true about contingency plans?
A) Contingency planning is most needed in static environments.
B) Contingency plans can be prepared for all possibilities.
C) They help the manager to be prepared if something does go wrong.
D) They are analogous to top-level, long-range planning.
E) They help managers plan for routine situations.

Question

Quizplus · Accepted Answer

Contingency plans are specifically designed to help managers be prepared for unexpected events or situations that may go wrong. They are not necessarily related to top-level planning or routine situations, and it may not be possible to prepare for all possibilities. Contingency planning may be especially important in dynamic or uncertain environments where unexpected events are more likely to occur.

Which of the Following Is True About Contingency Plans