In a Crisis, Rigid Adherence to Plans and Processes for Recovery

question 27

True/False

In a crisis, rigid adherence to plans and processes for recovery is critical.

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Definitions:

Information Technology

The use of computers, storage, networking, and other physical devices and infrastructure to create, process, store, secure, and exchange all forms of electronic data.

Subsidiaries

Subsidiaries are companies that are owned or controlled by another larger company, known as the parent company, which often holds more than half of the subsidiary's stock.

Wholesalers

Entities in the distribution channel that buy in bulk and sell to resellers rather than to the end consumers directly.

BCG Business Portfolio

A strategic planning tool that classifies a company's business units or products into four categories (Stars, Cash Cows, Question Marks, Dogs) based on market growth and market share.