Question

Mallory works at a financial institution. Her company has rented space in a remote location for situations that make it impossible to work at the main headquarters. Last year, a power outage in the city was a reason for them to use the remote suburban location. This alternative strategy for the workplace is an example of a(n) Blank______.

Answer 1

The strategy utilized by Mallory's company for working in a remote location during a power outage represents a business continuity plan. This plan is essential for maintaining operations during unforeseen disruptions and is part of modern, flexible work strategies.

Step-by-step explanation:

Mallory's company's alternative strategy for the workplace, in case the main headquarters are unusable, is an example of a business continuity plan. This plan is a proactive approach to ensure that operations can continue during a variety of adverse conditions, such as power outages, natural disasters, or other disruptions.

In today's global economy, jobs and work locations are becoming more flexible, with telecommuting becoming increasingly commonplace. This flexibility allows companies to not be tied to specific locations because of local resources or geographical constraints. As companies streamline and industries consolidate, the traditional command structures evolve and adapt to these modern business strategies for efficiency and continued productivity.