How do sources of temporary funding help in contingency planning
How do sources of temporary funding help in contingency planning? Explain how other forms of assistance, funding and assets are acquired.
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Key concepts of Contingency Planning
In a time where business positions change overnight and economic status change so rapidly, it is important that businesses formulate a plan concerned with making proactive measures that handle certain unforeseen threats and risks (Green, 2012). For instance a plan that deals with a drastic downfall in economy, the death of the major shareholder or a plan that deals with insolvency threat…………………………
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