Which of these are true about contingency plans?
A) They are developed to achieve a set of goals that are unlikely to be repeated in the future.
B) They are used to provide guidance for tasks performed repeatedly within the organization.
C) They define company responses to specific situations, such as emergencies or setbacks.
D) They are most important in the organization.
E) None of these.

Question

Quizplus · Accepted Answer

Contingency plans are developed to define company responses to specific situations, such as emergencies or setbacks. They are not necessarily related to goals that are unlikely to be repeated, nor are they only for tasks performed repeatedly within the organization. Contingency plans are important, but they may not be the most important aspect of an organization's operations.

Which of These Are True About Contingency Plans