uld increase the chance of catastrophic failure on the system?
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d) Explain when/how the company could increase the chance of
catastrophic failure on the system?
Step by step
Solved in 2 steps
- How does system management help in minimizing downtime and enhancing system reliability?How does preventive maintenance differ from predictive maintenance in ensuring system reliability?The purpose of a Business Impact Analysis (BIA) is to determine: Choose the correct answer? The cost to repair a failed system The extent of a disaster's damage Critical business processes that must be maintained How often an incident will occur
- If a database is not maintained or if incorrect data is entered into the database, serious problems can occur. What problems could occur if a student database is not maintained?If a credit manager reviewing a potential customer’s request for a $20,000 line of credit, what would he/she analyze? Generally, how would the 5Cs of Credit guide his/ her analysis and help lead to a prudent decision to accept or reject the request?Understanding the potential causes of risk events will primarily help an organization to * Improve internal audit procedures. Comply with corporate governance standards. Eliminate all risks Reduce the frequency of loss
- The remaining part of the case and question below : Fortunately, shipboard emergencies are infrequent, but when they do occur they are problematic. For instance, the Costa Concordia hit a rock and sank off Italy, causing32 people to die. A generator fire on the Carnival Triumph stranded 4000 passengers for four days. Sporadically, viruses causing diarrhea and vomiting strike cruise ships, causingCarnival to take an infected ship out of service to eradicate all traces of the virus by sanitizing virtually every object on board.Although these incidents are costly, the cruise industry has a fatality rate three times better than airlines. Economic Issues Spending for a cruise is generally considered discretionary. During recessions, people are more apt to take shorter cruises and to embark from nearby ports rather than flying to faraway points of departure. Interestingly, however, in comparison with other segments of the tourist industry, cruise lines have fared well during economic…The Ingham Italian Festival would be an example of which type of event? Minor event Major event Hallmark event Mega event None of the aboveDesign an effective service guarantee for a service (choose a service by yourself) with high perceived risk. Explain (a) why and how your guarantee would reduce perceived risk of potential customers and (b) why current customers would appreciate this guarantee even though they are already a customer of that firm and therefore likely to perceive lower levels of risk.
- Three (3) computers together provide a replicated service. The manufacturers claim that each computer has a mean time between failure of five days; a failure typically takes four hours to fix. What is the availability of the replicated service?a bread manufacturer relies on maintenance employees to keep its rather quite old production equipment for their operation. Whenever the equipment breaks down, the maintenance team is able to repair the equipment quickly. However, they are less effective at avoiding these breakdowns and cannot predict when the equipment will break down. The maintenance group has modified the equipment over the years and, in any event, the manufacturer of the equipment is no longer in business. The maintenance employees teach each other how to repair the equipment, but have refused to document any of this information (saying that it is too difficult to document these details). The company owner has thought about firing the maintenance staff unless they document the maintenance procedures, but realizes that there is no one else who can repair the equipment. Discuss or explain the sources or types of power and contingencies (moderator) of power among the maintenance employees in this situation.The International Organization for Standardization is the first globally recognized standard related to risk management: a) True b) False