Forming a contingency plan.

Can all or part of your work site cease to exist for one day or permanently while the firm continues? If the answer is no, then a contingency plan is vital for survival. Contingency plans protect and prepare firms in the event of disasters, such as earthquakes, floods, fires, vandalism and civil unrest. The plans assume that all or part of the business has ceased to exist at its location for a period of time. The goals of contingency planning include addressing the damage, continuing critical business functions and recreating the organization. What are the possible results of ...

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