Business continuity planning involves comprehensive processes and procedures that ensure critical business operations can persist during unexpected disruptions. Which of the following statements best describes a core element of effective business continuity planning?

Group of answer choices

Prioritizing business functions and processes based on their urgency and impact on business sustainability.

Developing a strict hierarchical employee structure to streamline decision$-$making.

Focusing solely on the replacement of physical resources, such as office space and computers.

Decreasing overall operational costs to increase net profit margins.