An ________________________ to Mitigation Planning Involves Consideration of All the Hazards

question 21

Short Answer

An ________________________ to mitigation planning involves consideration of all the hazards with the potential for causing harm, including natural hazards - earthquakes, snowstorms, flooding, hurricanes and the like -- as well as manmade hazards such as technological accidents and terrorism.

---

Definitions:

Cost Leadership

A business strategy aimed at becoming the lowest-cost producer in an industry.

Overhead

Ongoing business expenses not directly tied to creating a product or service but necessary for the business's operation, such as rent, utilities, and administrative costs.

Inventory Management

The process of overseeing and controlling the ordering, storage, and use of components that a company will use in the production of the items it will sell as well as overseeing the quantities of finished products for sale.

Strategy

A plan of action designed to achieve a major or overall aim, often involving the allocation of resources and consideration of competitors.