Crisis management involves
A) identifying aspects of a business that require changes in organization in three to five years' time.
B) identifying aspects of a business or its environment that might entail changes in strategy.
C) ensuring that all the employees know what to do in an emergency.
D) knowing how to contain a crisis, should one happen.
E) an organization's methods for dealing with emergencies.

Question

Quizplus · Accepted Answer

Crisis management refers to the methods and strategies a company uses to respond to and handle emergencies. This includes preparing for potential crises, identifying potential risks, and implementing plans to mitigate damage and contain the crisis. Option E is the only choice that accurately describes crisis management. Options A and B deal with organizational and strategic changes, whereas option C focuses on employee training, which may be important but not directly relevant to crisis management. Option D is a component of crisis management, but it should not be the sole focus.

Crisis Management Involves