What Ensures a Company Is Ready to Respond to an Emergency

question 63

Multiple Choice

What ensures a company is ready to respond to an emergency in an organized, timely, and effective manner?

• A)emergency
• B)emergency preparedness
• C)business Impact analysis
• D)technology failure

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Definitions:

Disbursements

Payments made by a business, including operating expenses, dividend payments, and investments in assets.

Trustee

With respect to bonds, an organization that ensures compliance with the conditions set forth in the indenture. With respect to bankruptcy, a person who administers the bankrupt organization to ensure funds are properly handled.

Restructures Capital

The process of altering the composition or structure of a company's debt and equity mix, often to enhance financial stability or efficiency.

Business Operations

The day-to-day activities involved in managing a business, ensuring it functions efficiently and profitably.