Contingency plans are:
A)Specific time- and resource-oriented action plans to achieve alternate sets of strategic goals.
B)Generic alternative plans.
C)Alternative plans that are put into effect if the strategic assumptions change quickly or dramatically, or if organizational performance is lagging.
D)"Gotcha" plans used to find unit managers who have not been effective in implementing the organizational strategy.

Question

Quizplus · Accepted Answer

Contingency plans are alternative plans that are put into effect if the strategic assumptions change quickly or dramatically, or if organizational performance is lagging. They are not specific time- and resource-oriented action plans to achieve alternate sets of strategic goals (option A). They are also not generic alternative plans (option B) or "gotcha" plans used to find unit managers who have not been effective in implementing the organizational strategy (option D).

Contingency Plans Are