Advantages & disadvantages of contingency planning

IB Business Management: Advantages & disadvantages of contingency planning

This section of the syllabus for HL students examines the benefits and costs of contingency planning for a given organization or situation (AO2). The advantages and disadvantages of contingency planning can be separated into four interrelated categories:The advantages of contingency planning for a given business or situation can be explained under four main categories: Cost, Time, Risks and Safety.Most schools have risk...


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