Business Continuity Relates To

question 59

Multiple Choice

Business continuity relates to:

• A) an FI that has a business plan that meets the liquidity and capital requirements of APRA.
• B) a whole-of-business approach to FI operations and profitability.
• C) a business continuity plan which reduces the impact of any disruption on FI operations, reputation, profitability, depositors and other stakeholders of a FI.
• D) a business continuity plan which increases profitability of a FI.

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Definitions:

Value Proposition

A statement that summarizes why a consumer should choose a company's product or service, highlighting the unique value it provides.

Legal Liability

Refers to being subject to legal obligations, often involving the requirement to compensate for damages or to fulfill contractual agreements.

Social Benefit

A positive impact on society, achieved through various means, including economic, educational, health, and environmental improvements.

Public Message

Communication intended for the general public, typically disseminated through media channels to inform or influence a wide audience.