Which of the Following Occurs in the Precrisis Stage of Crisis

question 68

Multiple Choice

Which of the following occurs in the precrisis stage of crisis communications?

• A)categorizing customers and publics
• B)developing response plans and protocols
• C)responding to stakeholder concerns
• D)expanding social responsibility efforts

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Definitions:

Consumers Budget Constraint

A consumer's budget constraint represents the combination of goods and services they can afford with their income and prices.

Adverse Selection

A situation in economic theory where information asymmetry results in high-risk individuals being more likely to apply for insurance or credit, potentially leading to market failure.

Insurance

A financial product that provides protection against potential future losses or damages to individuals or property.

Klutzes

Describes persons who are clumsy, often making mistakes or causing accidents in a somewhat comical or endearing way.