Providing value to a a. stakeholder c. competitor is the primary goal of any organization. b. product d. service In a manufacturing organization, the supply chain is a key value chain whose primary activities clude all of the following EXCEPT: a. inbound logistics b. finance and accounting c. marketing and sales d. customer service The idea of siness processes and add value to products and services. a. reengineering c. disruptive change is a form of innovation that constantly and incrementally seeks ways to improve b. process redesign d. continuous improvement

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Business Impact Analysis

Business Impact Analysis is a process carried out to determine the potential risks that can disrupt a business due to a disaster, accident, or other reasons. It is a mandatory part of a company’s business continuance plan. A business impact analysis measures the effects of disruptions on various business aspects, including service delivery, risks in delivery, Recovery Time Objectives (RTO), Recovery Point Objectives (RPO), and so on. The analysis helps to minimize the risk during the business. After completing the business impact analysis, the details are logged into a business impact analysis report, which is reviewed by the senior management.