contingency plan


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contingency plan

tactics which would be adopted in the event of a firm's original plans being thwarted. It is important for a BUSINESS to establish contingency plans so that they have a fall-back position. If, for example, a key component supplier is unable to deliver on time, the firm should have alternative suppliers lined up to avoid excessive disruption to its own production process.
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Presidential spokesperson Ernesto Abella said Philippine embassies and consulates had contingency plans in case of emergencies.
The IGP also asked that the contingency plan should include renewal of licences for the Muharram processions and Majalis, survey of routes of the mourning processions, timings of commencement and conclusion of processions and Majalis, use and availability of the security personnel.
We are talking with them about the contingency plans they have, what measures they can take.
The bank confirmed that the plans it had outlined previously to move its registered office to England were part of its contingency plans to ensure certainty and stability for customers, staff and shareholders in the event of a Yes vote.
A properly prepared contingency plan should detail a timely and complete response to a specific risk or a cluster of risks (La Londe 2005).
But Russell insisted even though such contingency plans had been made they were still the last resort with a final decision being made just a week before.
The following questions and considerations may help with preparing contingency plans.
If a contingency plan, or disaster recovery plan, is prepared properly and maintained, this document can help ensure that the disruptions in pharmacy operations--and the resulting financial losses--during an unusual situation or disaster can be minimized.
With state-of-the-art technology and constant communication with weather bureaus and researchers, these trained national catastrophe monitors are continuously developing contingency plans to deal with any and all foreseeable disasters.
While each Blues plan will determine the length of its contingency plan, it is likely that many private health insurance plans will follow CMS policy.
CMS will regularly reassess trading partners' readiness to determine how long the contingency plan remains in effect.
A CONTINGENCY plan to contain a fictional outbreak of foot-and-mouth(FMD) disease was declared a success on the Gower Peninsula yesterday.

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