Multiple choice

What is Contingency Planning....?

  1. Planning for events that cannot be predicted

  2. Planning for failure

  3. Planning for questions you didn't study for

  4. Planning for events that can be predicted

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Contingency planning involves preparing alternative courses of action that can be implemented if primary plans are disrupted by unexpected or unpredictable events. It helps organizations remain resilient and respond quickly to crises or sudden market changes.