Final answer:
The correct answer is C) Crisis, Response, Information, Strategy, Implementation, Solution. The acronym C-R-I-S-I-S represents the steps involved in managing a crisis in business.
Step-by-step explanation:
The correct answer is C) Crisis, Response, Information, Strategy, Implementation, Solution.
The acronym C-R-I-S-I-S stands for Crisis, Response, Information, Strategy, Implementation, Solution.
This acronym is commonly used in the field of business to represent the various steps or stages involved in managing a crisis or emergency situation.
For example, in the event of a business crisis such as a major cyber attack, the organization would follow the C-R-I-S-I-S framework to address the situation.
They would first identify and acknowledge the crisis (Crisis), then develop a plan of action (Response), gather all necessary information (Information), formulate a strategic approach (Strategy), implement the plan (Implementation), and ultimately find a solution to the crisis (Solution).