Contingency planning for no store electricity,vendors being out-of-stock on key items,and strikes need to be considered in ________.
A) crisis management
B) insurance planning
C) expense allocation
D) budget planning

Question

Quizplus · Accepted Answer

Contingency planning for potential crises such as no store electricity, vendors being out-of-stock on key items, and strikes falls under the category of crisis management. This involves identifying potential risks, preparing responses, and implementing strategies to minimize the impact of these events on the business. Insurance planning, expense allocation, and budget planning may also be involved in an overall contingency planning strategy, but they are not the primary focus when it comes to addressing specific crises.

Contingency Planning for No Store Electricity,vendors Being Out-Of-Stock on Key