Which of the following has the main goal of restoring normal modes of operation with minimal cost and disruption to normal business activities after an adverse event?

Question

Quizplus · Accepted Answer

Contingency planning involves preparing for and responding to adverse events in order to restore normal operations with minimal disruption and cost. This includes developing strategies for response, recovery, and continuity of operations. Risk management is broader and involves identifying, assessing, and prioritizing risks to business operations, while disaster readiness and business response are more focused on preparedness and immediate response to disaster events.

Which of the Following Has the Main Goal of Restoring