Which of the following types of plans describes how a business resumes operation after a disaster?
A) business continuity plan
B) internal operations plan
C) business unit plan
D) emergency operation plan
E) virtual private network plan
A
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Which of the following characteristics would not stop an insurance company from accepting an insurance risk?
A. The item to be insured faces high catastrophic loss exposure. B. The item to be insured is part of a large group of homogeneous exposure units. C. The item to be insured has a market value difficult to determine. D. The item to be insured holds no hardship to the owner should it be lost or damaged.
What surprised many analysts was the _______ in which a recession, initially focused in the United States, turned into a global recession with economic contraction occurring worldwide.
A. severity B. insignificance C. speed D. harshness E. Slowness