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What are the *key components* of a *Business Continuity Plan*?

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Final answer:

A Business Continuity Plan (BCP) is a comprehensive document that outlines the procedures and protocols that need to be followed during a disruption to ensure the continuity of critical business operations. The key components of a Business Continuity Plan include risk assessment, business impact analysis, emergency response plan, disaster recovery plan, and communication plan.

Step-by-step explanation:

A Business Continuity Plan (BCP) is a crucial element of a company's overall risk management strategy. It is a comprehensive document that outlines the procedures and protocols that need to be followed during a disruption to ensure the continuity of critical business operations.

The key components of a Business Continuity Plan include:

  1. Risk Assessment: Identifying potential risks and their impact on business operations.
  2. Business Impact Analysis: Determining the critical functions and processes that need to be prioritized during a disruption.
  3. Emergency Response plan: Outlining the immediate actions to be taken during a crisis to maintain safety and stability.
  4. Disaster Recovery Plan: Detailing the steps to recover and restore business operations after a disruption.
  5. Communication plan: Establishing channels and protocols for effective internal and external communication during an incident.

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