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:

Culture Shock

The feeling of disorientation experienced by someone who is suddenly subjected to an unfamiliar culture, way of life, or set of attitudes.

Rotary Exchange Student

A student participant in an international exchange program sponsored by Rotary International, aimed at promoting cultural understanding and peace.

Intercultural Communication

The process of understanding and sharing information across different cultures, emphasizing the interaction’s cultural context.

Prejudice

Preconceived opinions or judgments about individuals or groups without sufficient knowledge or factual basis.