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The course Emergency Management is designed and introduced in the academic curriculum of the students, to familiarize them with the overview of the concerns associated with emergency management comprising the key legislation influencing the health services administration.
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Some of the core types of Emergency Management wing are explained below:
Financial Emergency –This type of crisis occurs in case a business faces some financial crunches. It is mostly illustrated with an example when a records failure at making payment to its parties such as interests, dividends, loan repayments, among others. It duly tends to and handled in the process of mobilizing all the required funds. It is referred to as a solution that is short-term along with taking very important decisions related to finance like changing operations of business, restructuring, among others which are treated as perfect solutions.
Technological emergency: This is yet another kind of technological crisis, which has happened as a result of breakdowns. It is an important means of management that is inclusive of primarily diminishing the losses along with holding back the effects of failure.
Malevolence emergency: In this business, some of these compete with each other. Along with there are some competitors which take extreme steps which aims at other business for own success. It also aims crisis which aims at indicating a result of extreme tactics which is infused by a competitor to harm the business. It is inclusive of threats that are related to tampering with the products of the company or by hacking into a company's server.
Natural emergency: The Natural Crisis is also indicative of direct result that happens owing to natural event/happening like volcano or earthquake etc. as the name indicates. These happening are absolutely out of a person's hands and there is very little scope with other crises. The entire concept of crisis management is inclusive of the core concept that an area must be evacuated on such events, also some precautionary measures like the creation of an Earthquake resistant building, or outlining some effective evacuation plans must be set in place beforehand.
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