What activity is defined as having alternative plans that can be put into effect if certain key events do not occur as expected?
A) Corporate agility
B) Scenario planning
C) Strategy evaluation
D) Contingency planning
E) Forecasting

Question

Quizplus · Accepted Answer

Contingency planning is defined as having alternative plans that can be put into effect if certain key events do not occur as expected. Corporate agility refers to the ability of a company to quickly adapt to changes in the market. Scenario planning involves developing multiple potential scenarios for future events. Strategy evaluation involves assessing the efficacy of a company's current strategy. Forecasting involves predicting future trends and events.

What Activity Is Defined as Having Alternative Plans That Can