Multiple Choice
Jerrica, a finance manager at LRV industries, is asked by her boss to develop a plan in the event that company sales drop by 20 percent or more. This type of plan is known as _____.
A) contingency planning
B) financial planning
C) crisis planning
D) consumer protection
E) environmental planning
Correct Answer:

Verified
Correct Answer:
Verified
Q27: Goals and plans provide a sense of
Q29: Strategic plans and goals are those that
Q31: Planning is the act of determining the
Q35: The process of planning changes and evolves
Q36: _ plans are developed at the lower
Q37: At the top of the goal hierarchy
Q51: In centralized planning, managers at all levels
Q71: Which of the following is a visual
Q96: Sam is in charge of strategy control
Q102: Goals specify today's means; plans specify future