During Which Stage of a Disaster Is the Focus on Preparation

question 13

Multiple Choice

During which stage of a disaster is the focus on preparation for the aftereffects of the event?

• A) Preimpact phase
• B) Impact phase
• C) Postimpact phase
• D) Evaluation phase

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Definitions:

Pretax Earnings

The amount of income earned by a company before tax expenses are deducted.

Variable Cost

Variable cost refers to expenses that fluctuate with the level of output or production activity, such as raw materials and direct labor costs.

Fixed Costs

Fixed costs are expenses that do not change with the level of production or sales activity, such as rent, salaries, or insurance, remaining constant regardless of business operations.

Contribution Margin

The difference between sales revenue and variable costs, showing how much sales contribute to covering fixed costs and generating profit.