Which of the following refers to the process of developing alternative plans in anticipation of having problems with implementing the existing plan?
A) Contingency planning
B) Forecasting
C) Scenario planning
D) Budgeting

Question

Quizplus · Accepted Answer

Contingency planning specifically involves developing alternative plans to address potential problems or unforeseen circumstances that may arise during the implementation of the existing plan. Forecasting involves predicting future trends or events, scenario planning involves creating hypothetical scenarios to explore potential outcomes, and budgeting involves planning and allocating resources.

Which of the Following Refers to the Process of Developing