What is meant by a recovery strategy in BCP?

A recovery strategy in Business Continuity Planning (BCP) refers to the established methods and processes put in place to restore business operations following a disruptive event, such as a natural disaster, cyberattack, or any significant incident that interrupts normal activities. This strategy involves identifying critical business functions, assessing the impact of disruptions, and outlining the steps necessary to bring the organization back to full operational capability as quickly and effectively as possible.

In this context, recovery strategies can include various elements such as backup systems, disaster recovery plans, prioritization of essential services, and resource allocation to ensure continuity. The focus is on rapid restoration and maintaining essential services during the recovery phase, thereby minimizing downtime and financial loss.

The other options suggest unrelated actions that do not align with the core goal of BCP, which is focused primarily on maintaining and restoring business functions instead of managing asset liquidation, reducing training costs, or enhancing corporate reputation.