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Strategic management & business policy
week 3
BUS 402 Week 3 DQ 2 Triggers and Contingencies

BUS 402 Week 3 DQ 2 Triggers and Contingencies

Short description

Triggers and Contingencies CLO: 6. 1st Post Due by Day 3. Due to the changing environment and external triggers, contingency planning is necessary.  What qualities make a future issue a “trigger”? Consider you are on the strategic planning team for a soft drink company. Here is your company’s future trigger: “merger of our two major competitors next year”. Formulate the three-part trigger/contingency pair. Discuss the three guidelines that good contingency plans should follow.

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