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Contingency Plan

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I need to come up with a contingency plan for a specific scenario given by my instructor. I don't need help with that part..but could you give me some ideas on why a contingency plan is so important? Thanks!

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The expert provides a contingency plan for a specific scenario given by an instructor.

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A contingency plan is extremely important to prevent or minimize the negative impact of any unforeseen circumstance, crisis or risk that can occur in a ...

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  • BComm, University of Delhi
  • Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
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