Not quite the same Samuel - but very similar! Contingency planning is identifies and prepares for SPECIFIC AND KNOWN risks or events that may disrupt a business (e.g. cyber attacks). Scenario planning is a more open-ended or general as it involves exploring a range of possible futures and developing flexible strategies.
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Your videos are amazing!! I come here whenever I can’t understand a topic or when the endorsed book confuses me 🙌🏻 TYSM 😇
Super helpful !!!! Ty so much, me and my friend learned so much watching this together!!
Thanks Dave.
Very welcome!
This was helpful. thank you.
Very helpful information...
Please continue these business videos
What unit is this in?
Caitlin Westmoreland I’m doing my A level unit 3 exam next week and contingency planning was in my textbook so i’d say unit 3
is this same as scenario planning
Not quite the same Samuel - but very similar! Contingency planning is identifies and prepares for SPECIFIC AND KNOWN risks or events that may disrupt a business (e.g. cyber attacks). Scenario planning is a more open-ended or general as it involves exploring a range of possible futures and developing flexible strategies.
rip thomas cook
Anyone does CIE alevel business?
No
Me
Im late but I also do CIE Alevel business
@Maggy Tay he's got a family now, bit late