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gizmo_the_mogwai [7]
3 years ago
12

Management needs to be prepared to deal with problems and seize opportunities as they arise. A company often identifies alternat

ive courses of action to be taken if events undercut a strategic or tactical plan. These are called _____ plans.
Business
1 answer:
Sunny_sXe [5.5K]3 years ago
5 0

Answer:

contingency.

Explanation:

Management needs to be prepared to deal with problems and seize opportunities as they arise. A company often identifies alternative courses of action to be taken if events undercut a strategic or tactical plan. These are called contingency plans.

A contingency plan can be defined as a set of alternative plans that are designed and developed by an organization for continuous operation of the business in case of an emergency or when there is a failure in the primary (core) plan.

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Important aspects of managing that have recently emerged include applying systems thinking, continuously improving quality, and
mixas84 [53]

Answer:

True.

Explanation:

With changing dimension of global market, where customer is considered as king in the market due to highly competitive market with homogenous goods and service are available in the market, where customer find it hard to distinguish between different goods and service, there is only one aspect which can differentiate the goods and service of one product to another is its quality and excellent customer service. Therefore, with the emerging market, it is essential for corporate to manage applying systems thinking, continuously improving quality, and providing excellent customer service.

7 0
3 years ago
Which one of the following is not a major function of management?
eimsori [14]

 Motivating is not a primary  functions of management.

Management is a leaflet of principles associated with the task of planning, organizing, directing, and controlling, and the implementation of these principles in using physical, financial, human, and informational resources adeptly and effectively to attain organizational targets,

The five primary functions of management are-

1. Planning

2. Organizing

3. Staffing

4. Directing

5. Controlling

Management is important for the smooth running of all types of organizations. Managing an organization refers to getting works done with other people to attain its targets.

To learn more about  primary functions of management here

brainly.com/question/1286589

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4 0
2 years ago
When a negative externality exists, external costs are necessarily greater than private costs.
const2013 [10]

Social costs are greater than private costs.

Option C

<u>Explanation: </u>

A negative externality happens if an individual or a company decides not to pay the full cost of the action. If a product has a negative externality, it costs society more than the customer spends.

If people have a share of the costs associated with the production of goods, negative externalities exist and have no influence over the associated production decisions.  

For example, because of expanded manufacturing practices in its vicinity, parents will have to pay higher healthcare costs associated with pollution-led asthma in their kids.

5 0
4 years ago
​Jane's aunt wants a cashmere blanket to put over her legs when she watches television from her favorite chair. Jane could drive
FrozenT [24]

Answer:

Situational Factor

Explanation:

The factor has to do with Jane's involvement in the task of buying the blanket. Jane cannot afford to drive 50 miles to buy the blanket at a cheaper price because she works a full time job and takes care of her three children. although it is cheaper she cannot afford the time it takes to drive 50 miles on her busy schedule and finds it easier to order it online as it will be delivered to her door step.  

4 0
3 years ago
The federal reserve system consists of ________ federal reserve banks.
Sedaia [141]
12 federal reserve banks hope that helps 
4 0
3 years ago
Read 2 more answers
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