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crisis management

   Also found in: Acronyms, Wikipedia, Hutchinson 0.01 sec.
Measure to resolve a hostile situation and investigate and prepare a criminal case for prosecution under federal law. Crisis management will include a response to an incident involving a weapon of mass destruction, special improvised explosive device, or a hostage crisis that is beyond the capability of the lead federal agency. See also crisis; hostage; hostile.


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Product recall or contamination insurance would be required for loss of business income to be covered, but deciding who among the various implicated entities would foot the bill presents a challenge in itself, said Bill Harrison, a managing director with Aon Crisis Management Practice.
Given the extraordinary complexity of the risks and exposure occasioned by corporate expansion and/or relocation to foreign and sometimes hostile environs, it is essential that comprehensive crisis management planning be an integral part of the relocation strategy.
As Mitroff defines it, crisis management is more than the sum of its parts, which include risk management, business continuity planning and crisis communications.
 
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