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It is important to have contingency plans in management so that options are available if a crisis occurs. Contingency plans should be put in writing and in a place that all management can easily get to, if needed.
Contingency strategies are important because sometimes, plans fail. If you have a contingency strategy for your business, then you won't have to start over completely.
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Contingency places a very important part. It's important to keep the various contingents informed of all plans.
weakness of contingency and system theory
What is the meaning of contingency leadership in relation to Human Resource Management
Situational
so people are told what to do
It is important because ethical management is practically considered by all business leaders as relevant to business survival and corporate reputation.
Contingency strategies are important to the continued success of a company.
Self-management is very important in business as this is what would result into proper management of the business. It becomes easy to have high levels of production from a team of individuals who know how to manage themselves.
Order management is highly important when it comes to daily business operation. Some consider order management as the most important thing when it comes to businesses.