Question

All organizations must consider the possibility of unplanned disasters and create _____, which specify how the company will handle a variety of unplanned situations.

Answer 1

One of the best ways to prepare for unplanned disasters is for the company to create:

• Contingency plans

What is a Contingency Plan?

This refers to the series of actions to take by a company or a person in the possible event of unplanned problems so that they can have the resources to navigate the problem.

With this in mind, we can see that this is very important as it helps them to stay afloat and weather many business storms which might come up that can be covered by finance.

Read more about contingencies here:
brainly.com/question/939242