A contingency plan
A)is used in conjunction with the organization's originally developed plan.
B)is developed after considering contingency 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 potential events that may disrupt the organization's original plan. It is a proactive approach to prepare for the unexpected and minimize potential losses or negative impacts.

A Contingency Plan