Evaluate the importance of contingency planning for CSP.

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2019). The mark or mark type is shown in brackets.

1. [1] What is contingency planning?
2. [1] How CP as part of strategic implementation fits with strategic choice and analysis
3. [1] Contingency planning for CSP as above – allow broad interpretations, including problems caused by related products such as lamps and phone chargers
4. [1] How might these risks be assessed?
5. [1] Comment on recent changes such as government policy and market changes
6. [1] Comment on risks such as fire due to faulty installation – more of a risk as company grows?
7. [1] The fast developing market and associated risks
8. [1] How contingency planning may be used and advantages and disadvantages
9. [1] Predictable versus unpredictable risks
10. [1] Associated financial implications
11. [1] Development and impact of APP points
12. [1] Will there need to be a significant change?
13. [1] Have risks been assessed over the years?
14. [1] What are the main factors that could lead to successful CP?
15. [1] Other factors such as external factors that need to be considered