BUS 402 Week 3 DQ 2 ( Triggers and Contingencies ) <<< 2 Answers To The Discussion For Price Of One - A Graded Tutorial >>>

Triggers and Contingencies [CLO: 6]
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.