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 rest of the options are extreme measures that should only be considered as a last resort. A contingency plan should focus on restructuring the business to reduce costs and maintain operations during a downturn.

Besides Focusing on Controlling Critical Inflows and Outflows, a Contingency