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The answer is <u>"business continuity planning".</u>
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Business continuity planning (BCP) is the procedure engaged with making an arrangement of prevention and recovery from potential dangers to an organization. The plan guarantees that faculty and resources are ensured, and can work rapidly in case of a disaster. The BCP is for the most part considered ahead of time and includes contribution from key stakeholders and staff.
Answer:
Management is obligated to monitor new external developments, evaluate the company's progress, and make corrective adjustments in order to make decisions as to whether to alter or continue the strategic vision of the organization, strategy, objectives or execution methods.
Explanation:
Answer:
Resources
Explanation:
In the model of circular flow, which is an economic model, it states the flow of the money via the economy. This model shows or defined the circular flow of the income among the business sector and the household sector.
So, in this model, the firms could produce the output in order to sell the output to households, only by buying or purchasing the resources. As the resources is defined or described as the supply or the source from which the benefit is produced or created and has some utility.
Therefore, the resources are the one which is purchased and the firms could produce the output.