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 (C)</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 (A)</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. (C)</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. (D)</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. (C)</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. (A)</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. (A)</p> Signup and view all the answers

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