Studied by 1 personContingency planning
________: preparing the immediate steps to be taken by an organization in the event of a crisis or emergency.
Crisis management
________: steps taken by an organization to limit the damage from a significant, damaging event by handling, containing and resolving it.
Contingency planning
preparing the immediate steps to be taken by an organization in the event of a crisis or emergency
Crisis management
steps taken by an organization to limit the damage from a significant, damaging event by handling, containing and resolving it
This means being honest and open about the crisis, its causes
and consequences and what the organization intends to do in response to it
Contingency planning
Preparing the immediate steps to be taken by an organization in the event of a crisis or emergency
Crisis management
Steps taken by an organization to limit the damage from a significant, damaging event by handling, containing and resolving it
Identify the potential disasters; assess the likelihood of these occurring; minimize the potential impact of crises; plan for continued operations of the business
4 steps in contingency planning
Note
Flashcard