Which plan has a broad scope that covers the development of a business continuity policy and the creation of response plans?

The Business Continuity Plan is a comprehensive framework designed to ensure that an organization can continue to operate and maintain essential functions during and after a disruptive event. It encompasses a wide range of components, including the development of a business continuity policy that outlines the organization's approach to maintaining operations in the face of various risks. Additionally, it includes the creation of response plans that detail specific steps to take in the event of different types of disruptions, whether they be natural disasters, cyberattacks, or other emergencies.

By providing a holistic strategy that includes risk assessment, business impact analysis, and response and recovery procedures, the Business Continuity Plan ensures that an organization is prepared for a variety of scenarios, minimizing downtime and preserving critical functions. This broad scope distinguishes it from other plans, such as the Disaster Recovery Plan, which focuses specifically on restoring IT systems and data after a disruption, but does not cover the broader operational aspects comprehensive necessary for full business continuity.

The other choices, including a Master Service Agreement and a Privacy Level Agreement, are contractual tools that deal with service delivery and data protection, rather than operational continuity in the face of disruptive events.