Question: 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

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 plans.

functional

participative

procedural

contingency

Management needs to be prepared to deal with problems and seize

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