Answered

Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Join our platform to connect with experts ready to provide accurate answers to your questions in various fields. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

this year’s sales at yours truly consignment have been strong, and next year’s sales are also projected to be good. even so, yours truly managers should conduct ________ so they are prepared in the case that sales drop unexpectedly.

Sagot :

jaquelinefvr

Managers must conduct a contingency plan so they are prepared if consignment sales unexpectedly drop.

A contingency plan is preventive planning whose objective is to institute actions that must be taken in case of adversities and crises that can negatively impact the business.

The advantages of developing a contingency plan are:

  • Minimize the risks inherent in the business.
  • Increase control.
  • Improve decision making.

Therefore, it is essential that an organization is prepared to face changes in the internal and external environment, and the contingency plan is an ideal instrument for a more effective administration.

Learn more here:

https://brainly.com/question/939242

We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.