Which of the following strategies is used to minimize the effects of a disruptive event on a company, and is created to prevent interruptions to normal business activity?

Last Updated on August 13, 2021 by Admin 2

Which of the following strategies is used to minimize the effects of a disruptive event on a company, and is created to prevent interruptions to normal business activity?

  • Disaster Recovery Plan
  • Business Continuity Plan
  • Contingency Plan
  • Continuity of Operations Plan
Explanation:
BCP is a strategy to minimize the consequence of the instability and to allow for the continuation of business processes. The goal of BCP is to minimize the effects of a disruptive event on a company, and is formed to avoid interruptions to normal business activity. Business Continuity Planning (BCP) is the creation and validation of a practiced logistical plan for how an organization will recover and restore partially or completely interrupted critical (urgent) functions within a predetermined time after a disaster or extended disruption. The logistical plan is called a business continuity plan.
Answer option C is incorrect. A contingency plan is a plan devised for a specific situation when things could go wrong. Contingency plans are often devised by governments or businesses who want to be prepared for anything that could happen. Contingency plans include specific strategies and actions to deal with specific variances to assumptions resulting in a particular problem, emergency, or state of affairs. They also include a monitoring process and “triggers” for initiating planned actions. They are required to help governments, businesses, or individuals to recover from serious incidents in the minimum time with minimum cost and disruption.
Answer option A is incorrect. Disaster recovery planning is a subset of a larger process known as business continuity planning and should include planning for resumption of applications, data, hardware, communications (such as networking), and other IT infrastructure. A business continuity plan (BCP) includes planning for non-IT related aspects such as key personnel, facilities, crisis communication, and reputation protection, and should refer to the disaster recovery plan (DRP) for IT-related infrastructure recovery/continuity.
Answer option D is incorrect. The Continuity Of Operation Plan (COOP) refers to the preparations and institutions maintained by the United States government, providing survival of federal government operations in the case of catastrophic events. It provides procedures and capabilities to sustain an organization’s essential. COOP is the procedure documented to ensure persistent critical operations throughout any period where normal operations are unattainable.

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