Every business depends upon certain "givens," which range from retaining key personnel, to emergency planning, to credit arrangements. But what happens when a relatively young CEO is killed in an ...
A small business can be negatively impacted by all sorts of changes or events, from natural disasters to entrance of new competitors into a market. A contingency plan is a document that outlines how a ...
If anything, tariffs and the coronavirus pandemic have taught purchasing personnel that sourcing strategies need to include some sort of fallback plan. In other words, OEMs shouldn’t be putting all of ...
Nobody wants a supplier to go out of business, lose key people or get acquired. But sometimes it happens. Who would have imagined that WorldCom or Arthur Andersen could disintegrate? In today’s market ...
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