GLOSSARY

Protecting Profitability by Reducing Financial Risk

Dan Weedin

Use these terms and definitions below to understand concepts taught in the course.

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Term Definition
business A document containing actions to take and important references that
continuity aid in helping an organization continue normal operations after a
plan disaster
crisis A document containing actions and references to help an
recovery plan organization quickly rebound from a disaster
A group of people who are ready to collaborate and help the
crisis team
company deal with a problem that could cause irreparable harm
distributed The employees hired by an organization regardless of where they
workforce live or work

exposures Areas that create risk for an organization

insurance
A person who can access insurance companies on a client’s behalf
broker
organizational Blind spots left in an organization when employees leave and take
amnesia their knowledge with them

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