BUS 2202 - Week 7 Learning Journal

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School

Brevard Community College *

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2202

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Business

Date

Nov 24, 2024

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docx

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Uploaded by tbb11007

BUS 2202 – E-Commerce Week 7 Learning Journal Buck, Timothy My weekly Activities: This week I had some time off from work which allowed me to focus on the learning aspects. Thursday - I reviewed all materials to plan my week out. Friday - I submitted my Discussion on the weekly topic. Saturday – No work Sunday – Wrote my Learning Journal topics. Monday – Completed the Discussion Peer Review / Self Quiz 7 Tuesday – Completed the peer review of Week 6 Written Assignment Wednesday – Reviewed all areas to ensure completion and finished the Learning Journal assignment. Business Impact Analysis (BIA) is a systematic approach to assess the consequences of disruptions for a corporation and their ramifications for its activities. The analysis considers hypothetical scenarios that may result in potential losses, considering the temporal occurrence of disorders and their consequential impact on critical products and services (Amos, 2022). The components of a BIA typically include the following: Conducting a thorough analysis of potential risks and their impact on critical corporate mechanisms involves identifying and prioritizing key business capabilities, recognizing the tools and infrastructure that support their operations, and evaluating the potential consequences of any disruptions. This assessment facilitates comprehension of the potential financial, operational, reputational, legal, and regulatory developments that may result from troubles. The establishment of Recovery Time Objectives (RTO) and Recovery Point Objectives (RPO) for every

critical function is a pivotal facet of Business Impact Analysis (BIA). The RTO, or recovery time objective, establishes the highest permissible duration of system unavailability. In contrast, the RPO, or recovery point objective, specifies the maximum amount of data that can be lost during a disruption. The objectives serve as a basis for determining the appropriate distribution of resources, implementation of strategies, and utilization of technologies essential to achieving successful recovery and continuity. In general, implementing business impact analysis (BIA) allows organizations to thoroughly assess potential expenses and disadvantages, establish a hierarchy of recovery measures, and guarantee their ability to withstand disturbances (Singh, 2021). In summary, a business impact analysis is a methodical approach to evaluate the potential consequences of disruptions on a business's operations. It involves identifying critical functions, assessing the impact of disruptions, and establishing recovery objectives. By conducting a BIA, organizations can better understand their vulnerabilities, prioritize resources, and develop strategies to mitigate risks and ensure business continuity in the face of adversity. References Amos, Z. (2022, June 20). The Basics of a Business Impact Analysis (BIA) . Agility. https://www.agilityrecovery.com/article/basics-business-impact-analysis-bia Singh, J. (2021, October 22). Understanding the Difference Between RPO and RTO | Druva . Www.druva.com. https://www.druva.com/blog/understanding-rpo-and- rto The Difference Between RTO & RPO . (n.d.). Rubrik. Retrieved May 21, 2023, from https://www.rubrik.com/insights/rto-rpo-whats-the-difference

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