Sales this year at Donna's Pawn Shop have been high,and based on several factors,Donna projects next year's sales to also be good.However,even with her forecast of continued strong sales,Donna and her business partner need to develop a plan in case sales drop unexpectedly.________ is the type of planning for alternative future conditions.

Question

Quizplus · Accepted Answer

Contingency planning is the type of planning that focuses on preparing for alternative future conditions. It involves identifying potential risks and developing strategies and actions to mitigate or respond to those risks. This type of planning is important for businesses to have in order to be prepared for unexpected events that may impact their operations.

Sales This Year at Donna's Pawn Shop Have Been High,and