_____ in Business Continuity Planning Involves Executing Simulated Scenarios of Disasters

question 76

Short Answer

_____ in business continuity planning involves executing simulated scenarios of disasters and having employees execute on the disaster recovery plan to ensure that the solution satisfies your organization's recovery requirements.

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Definitions:

Contribution Margin Ratio

A financial metric showing the percentage of revenue that exceeds total variable costs, indicating how much revenue contributes to fixed costs and profit.

Break-even Sales

The amount of revenue needed to cover all fixed and variable costs, resulting in no profit or loss.

Variable Cost

Costs that change in proportion to the level of production or sales activity, such as raw materials and direct labor costs.

Fixed Costs

Fixed overheads that stay the same no matter how much is produced or sold, including rental fees or staff salaries.