The process of planning for and implementing the response to a wide range of negative events that could severely affect an organization is known as
A)strategic planning.
B)crisis management.
C)organizational control.
D)strategic control.

Question

Quizplus · Accepted Answer

Crisis management involves preparing for, responding to, and recovering from negative events that could harm an organization's reputation, operations, and financial stability. It includes identifying potential risks, developing contingency plans, and coordinating efforts among different departments and stakeholders to mitigate the impact of a crisis. Strategic planning, organizational control, and strategic control are broader concepts that encompass different aspects of managing an organization's resources, goals, and performance over time.

The Process of Planning for and Implementing the Response to a Wide