A. Mitigation
B. Risk Assessment
C. Emergency Plans
D. Preparedness
Choose the correct answer from the options given below:
Disasters pose significant threats, and having a structured approach is crucial to lessen their impact. This involves a systematic process designed to manage risks before, during, and after a disaster strikes. The question asks to arrange four key components of this process in the correct chronological and logical order.
Let's break down each stage mentioned:
To effectively minimize disaster impact, these stages generally follow a logical sequence:
Based on this logical flow, the four-stage process to minimize disaster impact, when arranged correctly, starts with understanding the risks, followed by long-term reduction measures, then preparing the response mechanisms, and finally, having detailed plans for immediate action. Therefore, the proper order is Risk Assessment, Mitigation, Preparedness, and Emergency Plans.
This corresponds to the sequence: B, A, D, C.
Pick up the correct statement from the following.
Miscellaneous expenses such as office expenses, stationery, postal expenses, etc., falls under _______.
Which of the following phases does NOT come under the project management stages?
The maximum amount of time that an activity can be delayed without extending the completion time of the overall project is called:
A company has 5,000 obsolete toys in inventory at a production cost of $10 each. If the toys were remade for $ 3 each, they could sell for $ 5 each. If the toys are thrown away, they can be sold for $ 2.5 each. Which alternative is more desirable (rework or scrap) and what is the total benefit amount of this alternative?