Business continuity plan
Instructions
APA format
Answer
Business ContinuityBackgroundMost businesses seek to maintain effective management practices to achieve their set goals. This is also evident in the case of Chevron, an American energy company. The companys management aims at introducing practices to prevent cases whereby it will be forced halt its operations entirely. Typically, the chances of the business halting its operations abruptly are huge, especially in the case where a sudden event occurs and disrupts its operations. The continuity of the business will depend on various factors such as the impact of the event, the recovery plan, mitigation plans, and the plan against the occurrence of the disastrous event. Chevron, like other operators in the energy industry, face an enormous risk of an event emerging and paralyzing its operation...
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