What is contingency planning? How is it similar to and different from crisis management?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter3: The History Of Management
Section: Chapter Questions
Problem 10CRQ: What is contingency management?
icon
Related questions
Question
100%
What is contingency planning? How is it similar to and different from crisis management?
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Organizational planning
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Principles of Management
Principles of Management
Management
ISBN:
9780998625768
Author:
OpenStax
Publisher:
OpenStax College