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I have attached the document with 2 discussions, I need to reply to each one of them in 250 words each. APA format and references
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Running Head: CONTINGENCY PLANNING
Contingency Planning
University Affiliation
Student’s Name
Course
2
CONTINGENCY PLANNING
Hi Gejo,
Great post! I agree with you on that contingency planning plays a key role in dealing with
risks that may with end-seeds not anticipating for the risks. Contingency planning is often meant
for future use as it enables organizations to make plans on emergencies that may arise in the
future. Business organizations need to create an effective contingency plan in order for them to
solve future problems when an emergency arises and bounce back to their normal situation.
However, the process of preparing an effective contingency plan is time-consuming that requires
a lot of patience and commitment in the activity. ("Contingency Planning: Developing a Good
'Plan B'," 2018) Contingency planning supports essential requirements by creating strategies,
processes and practical methods of enhan...
