Besides focusing on controlling critical inflows and outflows,a contingency plan needs to also include identification of specific strategies for cutting costs as well as the possible ________.

Question

Quizplus · Accepted Answer

The only relevant choice that completes the sentence and follows the logic of the statement is "restructuring of the venture." The other choices, such as selling the business or aggressive expansion, do not necessarily belong in a contingency plan for cutting costs during a downturn. Changing the company name is also irrelevant to the discussion of cost-cutting strategies.

Besides Focusing on Controlling Critical Inflows and Outflows,a Contingency Plan