Business continuity Study guides, Class notes & Summaries

D1 Ch3 Business Continuity Planning Final Exam. Business Continuity - correct answer The ability of an organization to maintain its operations and services in the face of a disruptive event. Disaster Recovery - correct answer The procedures and processes for restoring an organization's IT operations following a disaster Business Continuity Planning - correct answer Business continuity planning (BCP) involves assessing the risks to organizational processes and creating policies, plans, an...

2024 RIMS - CRMP Complete Study Guide; 1 Analyze the Business Model, 2 Developing Organizational Risk Strategies, 3 RIMS CRMP-Implementing the Risk Process, 4 Developing Organizational Risk Management Competency, 5 Supporting Decision Making Risks The effect of uncertainty on objectives The chance of something happening that will have an impact on objectives Being prepared for the worst and being poised to exploit opportunities as they are discovered Enterprise Risk Management ...

Business Continuity Planning End of Term Prediction Questions. The ___________ helps the initial planners select appropriate BCP team members and then guides the overall BCP process. - correct answer business organization analysis What is the first task of the BCP team? - correct answer review and validation A firm's officers and directors are legally bound to exercise _______ in conducting their activities. This concept creates a fiduciary responsibility on their part to ensure that ade...

Section 4 Quiz 40 - Business Continuity Plan Exam Guide Q & A. A BCP test that simulates a system crash and is performed on different aspects of the plan in a cost-effective manner is: A. a full operational test B. a paper test C. a walkthrough test D. a preparedness test - correct answer Answer: D. A preparedness test. Explanation: In a preparedness test, by means of a simulated system crash, preparedness is verified in a localized environment. This is a cost-effective way to determi...

Business Continuity Planning Questions and Answers 2023 What does Business Continuity Planning address? The preservation and recovery of the business in the event of outages to normal business operations. What is a disaster? 1) Something that interrupts normal business process. -A sudden, unplanned calamitous event that brings about great damage or loss. -In the business environment, it is any event that creates an inability on an organization's part to support critical business fun...

Business Continuity Planning Questions with solutions 2023 Business Continuity Planning (BCP) Undertaken to reduce risks related to the onset of disasters and other disruptive events BCP activities identify risks and mitigate those risks through changes or enhancements in technology or business processes - The impact of disasters is reduced and the time to recovery is lessened Improve chances that the organization will survive a disaster without incurring costly or even fatal damage to ...

What does Business Continuity Planning address? - ️️The preservation and recovery of the business in the event of outages to normal business operations. What is a disaster? - ️️1) Something that interrupts normal business process. -A sudden, unplanned calamitous event that brings about great damage or loss. -In the business environment, it is any event that creates an inability on an organization's part to support critical business functions for some predetermined period of time...

Business Continuity And Disaster Recovery Question and answers correctly solved 2023/2024 BCP stands for: - correct answer Business Continuity Planning ________ is a small subset of business continuity: - correct answer Disaster Recovery A ________ is a calamitous event, especially one occurring suddenly and causing great loss of life, damage, or hardship. - correct answer Disaster A critical function of a business is defined as a function that if disrupted for a significant period of ...

Ch. 3- Business Continuity Planning Questions and Answers Guaranteed A+ B. The business organization analysis helps the initial planners select appropriate BCP team members and then guides the overall BCP process. What is the first step that individuals responsible for the development of a business continuity plan should perform? A. BCP team selection B. Business organization analysis C. Resource requirements analysis D. Legal and regulatory assessment B. The first task of the BCP...

Chapter 3 Review Business Continuity Planning Study Guide Exam.Lighter Than Air Industries expects that it would lose $10 million if a tornado struck its aircraft operations facility. It expects that a tornado might strike the facility once every 100 years. What is the single loss expectancy for this scenario? · 0.01 · $10,000,000 · $100,000 · 0.10 - correct answer $10,000,000 The single loss expectancy (SLE) is the amount of damage that would be caused by a single occurrence of the...