Asked by Christopher Flores on Jul 15, 2024
Verified
Javier and his team of engineers have gone through the blueprint of a new commercial complex and have underlined major issues that could crop up when work starts at the site. They have also thought of possible fixes to the issues. This is an example of ___.
A) benchmarking
B) operational planning
C) functional planning
D) tactical planning
E) contingency planning
Contingency Planning
The process of preparing strategies to deal with unexpected situations that may disrupt operations or cause harm to the organization.
Major Issues
Significant problems or challenges that require attention and resolution.
Possible Fixes
Potential solutions or corrections for resolving issues, problems, or malfunctions.
- Acquire knowledge about the methods and value of contingency planning in strategic organizational planning.
Verified Answer
ST
Sidney ThompsonJul 18, 2024
Final Answer :
E
Explanation :
This is an example of contingency planning because Javier and his team have identified potential issues and have developed possible solutions to address them in case they occur during the project.
Learning Objectives
- Acquire knowledge about the methods and value of contingency planning in strategic organizational planning.