A clothing wholesaler who buys most of its inventory from manufacturers in the Caribbean should have a contingency plan in the event a hurricane demolishes the manufacturing facility of one of its principal suppliers.
A plan which is made for an outcome other than the usual (expected) plan. In general terms, a plan which is made while keeping the thought of a "what if" scenario in mind. It is sometimes good to have a contingency plan.
On the other hand, it shows the lack of confidence that one has. It can be understood with the help of an example. Normally, the place where a contingency plan is used is for the website data. For security reasons, all data is backed up to a separate file in case it is , corrupted, or deleted.
Thus, a clothing wholesaler should have a contingency plan in the event of a hurricane.
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