Which of the Following Is NOT a Characteristic of a Strong

question 62

Multiple Choice

Which of the following is NOT a characteristic of a strong contingency plan?

• A) Contact information for an on-site crisis manager
• B) Information systems backup software
• C) An evacuation plan
• D) A prioritized list of critical operations
• E) A summary of common types of emergencies

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Definitions:

Bargaining Power of Buyers

The ability of buyers to negotiate lower prices or better terms with sellers, influenced by factors such as market competition and buyer concentration.

Threat of New Entrants

A term used in industry analysis referring to the possibility and ease with which new competitors can enter the market and impact existing businesses.

Degree of Rivalry

The intensity of competition among entities within the same industry or market.

Sociocultural

Relating to the combination of social and cultural factors that influence behaviors, values, and attitudes in a society.