Question

____ planning is the process by which managers identify alternative courses of action that the organization might follow if various conditions arise.

a) Strategic
b) Standard
c) Contingency
d) Integrative
e) Goal optimization

Answer 1

Contingency planning is the process by which managers identify alternative courses of action in case of unforeseen events or circumstances. It helps organizations prepare for and respond to disruptions in normal operations.

Step-by-step explanation:

Contingency planning is the process by which managers identify alternative courses of action that the organization might follow if various conditions arise. It involves developing plans that address unforeseen events or circumstances that could disrupt normal operations. For example, a company may have a contingency plan in place for a natural disaster that outlines steps to be taken to ensure business continuity.