Crisis Management Flashcards

1
Q

What is a Crisis

A

A crisis is an event that can act as a threat and have a negative impact on a company and their reputation

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2
Q

Examples of Crisis’s

A

Product Recalls
Pandemics
Cyber Attacks
Financial Fraud

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3
Q

What is the purpose of a crisis management plan

A

A crisis management plan outlines how a company should appropriately handle a crisis

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4
Q

How should organizations plan for a crisis

A

Identify potential crisis events
Develop a crisis management team
Create a crisis management plan
Establish communication channels

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5
Q

What is the 5’c model

A

Concern
Clarity
Confidence
Competence
Control

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