A contingency plan
A) is used in conjunction with the organization's originally developed plan.
B) is developed after considering possible events.
C) can be used only at a strategic level.
D) makes an organization less flexible.
E) is unnecessary for organizations that face a dynamic environment.

Question

Quizplus · Accepted Answer

A contingency plan is developed after considering possible events that may disrupt the organization's originally developed plan. It is an alternative course of action that can be implemented in case of unforeseen circumstances. Developing a contingency plan does not make an organization less flexible, but rather enhances its ability to adapt to changing situations.

A Contingency Plan