Please assist with the following:

• What qualities make a future issue a "trigger"?
• For this discussion, consider the Environmental Scan and SWOT analysis you conducted in Week 2. Formulate a trigger/contingency pair in the form of a three-part sentence similar to the example in the textbook. Examine it in terms of the three guidelines that good contingency plans should follow.
• Post a summary of your selected company and risks that you perceive based on your prior Environmental Scan and SWOT analysis. State the three-sentence trigger/contingency pair and justify your choice of contingency plan.

My work:

Essentially, triggers are issues that the business might later encounter. They ought to be quantifiable, specific, and external. Your "soft" future expectations, those in which you lack faith, and those unrelated to the organization are other sources of triggers. The three-sentence trigger/contingency pair is a useful technique for creating a back-up strategy. The three-sentence is structured as followed:

• The external cause of the trigger:
• The quantitative trigger:
• The contingency:

Target is the name of my business for this project. One of the problems that Target ran into when they opened more stores in Canada was that they didn't plan for the possibility that business could not be excellent. Instead of gradually establishing a few stores across the nation, they set up shop right once and started making losses. The following may have been brought to Target's attention while employing the three-sentence trigger/contingency plan:

• The external cause of the trigger:
• The quantitative trigger:
• The contingency: