Question: 2. What is the difference between impacts and consequences? A. Impacts are the immediate losses caused by a disruption, while consequences are the long-term

• 2. What is the difference between impacts and consequences?

○ A. Impacts are the immediate losses caused by a disruption, while consequences are the long-term problems that are caused by disruptions and their impacts.

○ B. Impacts can easily be measured in dollar terms, while consequences are more nebulous and thus require a BIA to determine.

○ C. Impacts pose a severe danger to the business, while consequences are more easily managed.

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