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Business Continuity vs
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Business Continuity vs

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Questions and Answers

Which term refers to the ability of a business to adapt and recover from unexpected crises and disruptions over time?

  • Business recovery
  • Business resilience (correct)
  • Business continuity
  • Risk management

    • What has sparked a renewed interest in business resilience and continuity?

  • Global economic growth
  • The COVID-19 pandemic (correct)
  • Technological advancements
  • Increased competition

    • Why is it important to understand that business continuity and resilience are not the same?

  • They have different impacts on risk management (correct)
  • They have different definitions
  • They have different stakeholders
  • They have different levels of importance

    • What is a key factor in successfully planning for unexpected crises and disruptions?

    <p>Mitigation strategies</p> Signup and view all the answers

    What has organizations around the world been facing in the past few years?

    <p>An unprecedented volume of disruption</p> Signup and view all the answers

    What is the difference between business continuity and business resilience?

    <p>Business continuity refers to the ability to plan for and mitigate unexpected crises and disruptions, while business resilience focuses on adapting and recovering from these disruptions over time.</p> Signup and view all the answers

    Why is it important to understand the difference between business continuity and business resilience?

    <p>Understanding the difference helps organizations strengthen their risk management strategies.</p> Signup and view all the answers

    What is the main focus of business continuity and resilience?

    <p>The main focus is to plan for and mitigate unexpected crises and disruptions.</p> Signup and view all the answers

    Why have business leaders taken a renewed interest in business resilience and continuity?

    <p>Because organizations have experienced an unprecedented volume of disruption.</p> Signup and view all the answers

    How do business continuity and resilience overlap?

    <p>Business continuity focuses on planning and mitigation, while resilience focuses on adaptation and recovery.</p> Signup and view all the answers

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