Question

Pinnacle Financial Services managers meet annually to create a list of potential future complications and plan how to respond to each possibility. Pinnacle is practicing _______ planning. single-use ad-hoc divisional-level contingency functional-level

Answer 1

Answer: contingency

Explanation:

Contingency planning is a form of planning that is used by an organization in order to plan ahead in case an event occurs. Contingency plans can also be called a 'Plan B' due to the fact that it's an alternative action in case things does not go as planned.

Therefore, based on the question, Pinnacle is practicing contingency planning.