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2. A case where a manufacturing defect or bad ingredient(s) in a major product create a public hazard and the company is held responsible is known as
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Correct Answer:
Product Crisis
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3. Product Crisis demand product recall
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Correct Answer:
True
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4. A company or organization is viewed as ______ if it is monitoring and responding to situations as they are identified, before they erupt
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Correct Answer:
Proactive
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5. Organizational Crisis involves
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All of the above
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6. Litigation Crisis is a crisis driven by a lawsuit and that plays out in the court of
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Correct Answer:
Both
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7. Issues management can be defined as an anticipatory, strategic management process that helps organizations detect and respond appropriately to emerging trends or changes in the
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Socio Political environment
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8. Often, the disasters are predictable
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Correct Answer:
False
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9. Effective crisis management requires the preparation of a crisis plan and the careful application of that plan, adapting as necessary to the evolving situation.
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Correct Answer:
True
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10. A crisis is a significant threat to operations that can have ___________ consequences to the company or organization involved.
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Correct Answer:
Long term, negative
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