Question: Setting contingency plans in an organization is considered very important today mainly because _ _ _ _ _ _ _ _ _ _ _ _

Setting contingency plans in an organization is considered very important today mainly because ___________________________________.
Complete the sentence with the answer that best fits in the sentence above.
Group of answer choices
the government can charge firms with unfair business practices if they do not have such plans.
conditions change rapidly in today's economic and competitive environments.
most employees and staff don't understand strategic planning, so they tend to rely more on contingency plans.
managers have historically been poor tactical planners.

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