What is an 'emergency response plan' in physical security?

An 'emergency response plan' in physical security is fundamentally a documented procedure that outlines how to effectively respond to various security incidents or emergencies. This plan is crucial because it provides a structured approach that ensures everyone involved knows their roles, responsibilities, and the steps to take during a crisis.

It typically includes protocols for different scenarios such as natural disasters, active shooter situations, bomb threats, or other emergencies that could impact the safety and security of individuals and assets. By having such a plan, organizations can minimize confusion and chaos when an incident occurs, allowing for a swift and coordinated response that protects people and property.

In contrast, the other options do not encapsulate the essence of an emergency response plan. Guidelines for daily operations are focused on routine processes rather than crisis management. A detailed budget for security expenses pertains to financial planning and is unrelated to the immediate actions required during an emergency. A plan for hiring security personnel is more about staffing and does not address the direct procedures for responding to emergencies. Thus, the correct choice accurately represents the specific function and importance of an emergency response plan in physical security.