Q1.
1
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The majority of businesses that suffer a major loss make a full and complete recovery.
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Q1.
2
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Significant damage to an insured business caused by fire or some other insured peril is a cause for significant stress to the business owners and management team.
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Q1.
3
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Australia and New Zealand, as developed countries, with insurance and insurance broking industries being quite mature, have high levels of business interruption insurance among business owners.
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Q1.
4
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Businesses recover much faster from a crisis where the owners work to some form of documented business recovery plan.
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Q1.
5
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It is always easy for a business owner to find alternate premises and re-commence trading with little or no disruption to their business.
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Q1.
6
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As the old saying goes: “All publicity is good publicity”.
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Q1.
7
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Failure to backup records and test the quality of the backups is still an issue for many businesses.
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Q1.
8
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Most businesses find that they can reduce their staff numbers following damage giving rise to a disruption to the business.
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Q1.
9
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A business owner need not insure the property of his customers.
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Q1.
10
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Which of the following can impact the likelihood of a business surviving a major loss?
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