Contingency planning is conducted in _____
a. benchmarking
b. opportunity cost analysis
c. scenario analysis
d. gap analysis
c
You might also like to view...
Discuss and exemplify how a good researcher uses research.
What will be an ideal response?
In the 1920's many employers who followed the human resources school of thought believed that nonunion representation plans were:
A. unnecessary if management was exercising good human resources B. a threat to management's decision-making authority C. helpful in promoting mutual respect, cooperation and loyalty D. vital to protecting worker rights and interests
If an agent negligently causes harm while working for a principal, the agent alone must pay the damages for the harm caused
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
11. In the building approach, information about how to proceed is readily available. 12. Entrepreneurs who have alertness rationally and systematically search their environment or their particular information sets for opportunities. 13. Research shows that entrepreneurs with preexisting knowledge of an industry or market are more likely to recognize opportunities than entrepreneurs who have less experience. 14. Typically, entrepreneurs go through three processes before they are able to identify an opportunity for a new business venture: idea generation, creativity, and opportunity recognition. 15. The purpose of the creativity stage is to transform ideas into opportunities 16. Every idea is an opportunity 17. There are no formal approaches to thinking creatively, so creative inspiration must be left to chance.