MANAGEMENT

BUISENESS MANAGEMENT

BUSINESS PLANNING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A fire drill at a school is an example of which of the following:
A
Contingency plan
B
Business plan
C
Strategic drift
D
Emergent strategy
Explanation: 

Detailed explanation-1: -Contingency planning refers to preparing plans and procedures to effectively respond to and manage incidents which may occur outwith the normal running of the planned event. This could be an untoward incident, emergency, health and safety incidents or any other circumstances which impact the safe running of the event.

Detailed explanation-2: -A contingency plan is a plan for a “what if” scenario that could ruin your project or business. A simple example of a contingency plan is to back up all website data in case a website gets hacked. If this scenario happens, it’s easy to restore the data after regaining access and changing passwords.

Detailed explanation-3: -A contingency plan is a document setting out an organized, planned, and coordinated course of action to be followed when human health or the environment is threatened. Even though the hazardous materials facility may be required to have a contingency plan, the school needs to have one also.

Detailed explanation-4: -The purpose of a fire drill is to familiarize and re enforce proper evacuation routes and practices. The goal is to have the proper actions be an automatic response whenever fire alarms sound, so that everyone safely evacuates the area in an orderly manner.

There is 1 question to complete.