When a Disaster Renders the Current Business Location Unusable,which Plan

question 16

Multiple Choice

When a disaster renders the current business location unusable,which plan is put into action?

• A) Business continuity
• B) Crisis management
• C) Incident response
• D) Business impact analysis

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Definitions:

Total Real Output

The total value of all goods and services produced in an economy, adjusted for inflation.

Disguised Unemployment

A situation where more workers are employed than is necessary for a given level of production, often due to lack of alternative employment options.

Subsistence Level

The minimum level of resources (income and goods) that is considered adequate to maintain the livelihood of an individual or household.

Thomas Robert Malthus

An English cleric and scholar, influential in the fields of political economy and demography, known for his theory on population growth.