ECONOMICS (CBSE/UGC NET)

ECONOMICS

DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which are the 3 stages of crisis management?
A
Preparation, containment, reconstruction
B
Prevention, preparation and containment
C
Prevention, interrogation and containment
D
Preparation, containment, resolution
Explanation: 

Detailed explanation-1: -Mitigation. Preparedness. Response. Recovery. 06-Oct-2020

Detailed explanation-2: -According to Coombs, a crisis lifecycle has three stages: precrisis, crisis event and postcrisis. With this lifecycle-view in mind, emergency managers could encompass asynchronous management of the incubation periods, the physical manifestations of the emergency, the restoration periods and beyond.

Detailed explanation-3: -Crisis containment involves defusing a crisis and stopping its escalation. The physical escalation of a crisis is very visible during crises that cause physical damage, such as natural and technological disasters, terrorist attacks, and workplace violence.

Detailed explanation-4: -Pre-crisis, Crisis response; and. Post-crisis.

Detailed explanation-5: -Pre-crisis stage (prodromal phase) This first stage occurs before the crisis itself hits. Crisis stage (acute phase) This is the point that your organization starts to notice the first signs of a crisis unfolding. Response stage (chronic phase) Post-crisis stage (resolution phase) 31-Mar-2022

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