What is the main purpose of a business continuity plan?

Prepare for the ACA ICAEW Business Strategy and Technology Exam. Study with multiple choice questions, flashcards, and detailed explanations. Master complex concepts and excel in your exam!

The main purpose of a business continuity plan is to outline continuation of operations during a disruption. This is crucial for organizations as it ensures that they can respond effectively to various unexpected events, such as natural disasters, cyber-attacks, or other emergencies that could disrupt normal business operations. A well-developed business continuity plan provides a framework for maintaining critical business functions and minimizing the impact on operations, revenue, and customer service.

Developing such a plan involves identifying potential risks and creating strategies to mitigate those risks, ensuring that essential services can be maintained or restored quickly. This is vital not only for protecting the organization’s assets but also for maintaining stakeholder confidence and trust, as it reassures customers, employees, and investors that the organization is prepared to handle crises.

While the other options deal with various aspects of business management, they do not address the core function of a business continuity plan, which is specifically focused on resilience and operational continuity during disruptions.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy