Podcast
Questions and Answers
What is a common feature of a crisis according to the text?
What is a common feature of a crisis according to the text?
- Routine business becomes easier to manage
- Decisions are made leisurely
- There is no sense of loss of control
- Demands for information are urgent (correct)
How should organizations act during a crisis according to the text?
How should organizations act during a crisis according to the text?
- Continue with business as usual without any changes
- Engage in the recovery plan while managing the crisis (correct)
- Discontinue all business operations
- Ignore the crisis and blame external factors
What is a key aspect of preventing a crisis according to the text?
What is a key aspect of preventing a crisis according to the text?
- Respond immediately without a plan
- Anticipate and have a plan (correct)
- Engage in over-talking
- Avoid having a plan
What makes communication increasingly difficult during a crisis?
What makes communication increasingly difficult during a crisis?
Why is it important to always tell the truth during a crisis?
Why is it important to always tell the truth during a crisis?
Which of the following is NOT considered a type of crisis in crisis management?
Which of the following is NOT considered a type of crisis in crisis management?
What is the first step in the crisis management cycle?
What is the first step in the crisis management cycle?
Which of the following is an example of an organizational misdeed crisis?
Which of the following is an example of an organizational misdeed crisis?
What is the primary objective of crisis management?
What is the primary objective of crisis management?
Which type of crisis is characterized by a lack of transparency from management about certain information?
Which type of crisis is characterized by a lack of transparency from management about certain information?
What is the last step in the crisis management cycle?
What is the last step in the crisis management cycle?
Flashcards are hidden until you start studying
Study Notes
Crisis Management
- A common feature of a crisis is that it is often unpredictable and can happen unexpectedly.
- During a crisis, organizations should act quickly, be transparent, and communicate honestly with stakeholders to minimize damage and maintain trust.
- A key aspect of preventing a crisis is to identify potential risks and take proactive measures to mitigate them.
Crisis Communication
- Communication becomes increasingly difficult during a crisis due to the emotional and often sensitive nature of the situation.
- It is essential to always tell the truth during a crisis, as dishonesty can lead to further damage and erosion of trust.
Types of Crises
- There are several types of crises, including natural disasters, technological crises, and organizational misdeed crises.
- Organizational misdeed crises occur when an organization or its representatives engage in unethical or illegal behavior, such as fraud or corruption.
- A concealment crisis is characterized by a lack of transparency from management about certain information.
Crisis Management Cycle
- The first step in the crisis management cycle is prevention, which involves identifying and mitigating potential risks.
- The primary objective of crisis management is to minimize damage, protect the organization's reputation, and restore normal operations as quickly as possible.
- The last step in the crisis management cycle is recovery, which involves learning from the crisis and implementing changes to prevent similar crises from occurring in the future.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.