Which is the first step in the contingency planning process among the options listed here?

Question

Quizplus · Accepted Answer

The first step in the contingency planning process is to conduct a business impact analysis, which assesses the potential consequences of a disruption to critical business functions and identifies the resources necessary to maintain those functions. This analysis informs the development of strategies for disaster recovery, incident response planning, and business continuity training.

Which Is the First Step in the Contingency Planning Process