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Emergency planning and Business Continuity Management - Research Proposal Example

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The paper “Emergency planning and Business Continuity Management” looks at the business environment, which has become complex. Various internal and external factors contribute to this complexity. Organizations have no choice but to determine and manage the risks…
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Emergency planning and Business Continuity Management
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Download file to see previous pages The global business environment doesn’t remain the same! Much has changed and much has become complex too. In this environmental complexity, a huge role is being played by globalization. The developed world undoubtedly observes the saturation of markets. Consequently, corporations need to search out new investment and business avenues to ensure their corporate existence in the corporate world. The markets of America; and most of the European countries have fewer chances of facilitating the needs of large and big organizations in terms of goods and services; organizations have no other choice left except for taking on more risky investment destinations; such as Asia, Latin America, and Africa. As a result, various security risks and challenges would be faced while doing business in these risky investment destinations. Additionally, as the security risk becomes wider and deeper practically and psychologically as well, different measures are pursued, and introduced; among these measures; corporate social responsibility and corporate governance are more heard and are more demanded by security and regulatory authorities. As the issue of security is becoming a more and more challenging in each passing day, organizations need different and applicable ways to handle and minimize the risks that directly or indirectly threaten the existence of their businesses. Some standards, such as the Business Continuity Management System (BCMS) are mostly used by the organizations.  ...Download file to see next pagesRead More
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