Question: Business continuity is an integral pillar of operational resilience. Business continuity management (BCM) entails an enterprise-wide framework, policies and processes that enable organizations to respond,

Business continuity is an integral pillar of operational resilience. Business continuity management (BCM) entails an enterprise-wide framework, policies and processes that enable organizations to respond, recover and resume operations of critical business functions from operational disruptions that arise from internal or external risk events. Effective BCM can minimize operational, financial and reputational risks that can materially impact organizations.

List and briefly explain the THREE (3) types of documentations required in BCM.

Step by Step Solution

★★★★★

3.54 Rating (151 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The three types of documentation required in Business Continuity Management BCM are as follows Busin... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Ignoring taxes in Problem 6, what is the price per share of equity under Plan I? Plan II? What principle is illustrated by your answers? In problem a. Ignoring taxes, compare both of these plans to...

A and B are partners sharing profits equally. A drew regularly Rs. 4,000 at the end of every month for six months ended 30th September, 2018. Calculate interest on drawings @ 5% p.a. for a period of...

A firm reported $818 million of net income in its income statement after $140 million of net interest expenses and income taxes, using a statutory tax rate of 35 percent.

a. Compare and contrast Internal and External Auditors. b. List and explain three types of Audits. c.Explain the two primary ways in which audits create value?

After preparing the Accounts, the Accountant declared a profit of Gh926,800 for the period ended 31st December 2018. the Human Resource Manager said 'if we made so much as profit, why is our cash...

Discuss the impact technological disruptions in an emergency (power/IT outages, natural disasters) as a systems/technology risk has on a town/city. Describe how a town can currently monitor, control,...

1 - Explain what preemployment tests are. Compare and contrast Reliability, Validity and Content Validity. 2 - Describe the differences between situational interviews and behavioral description...

The business cycle represents the short-term changes experienced in the economy due to changes in levels of economic activity. Summarize the 4 different phases of the business cycle. List and explain...

McFadden's department store has been a profitable family-owned retail business (consisting of several stores in the Pacific Coast region) since its beginning in 1910. The last five years have been...

When collecting gases over water, the total pressure inside the cylinder (in which the gas is collected) is equal to the sum of the pressure of the gas collected and the pressure of water vapor in...

Planet Corporation owned 90% interest in a purchased subsidiary, Sally Company, which was accounted for by the cost method. During year 2019, Planet had income, of P435,000, and Sally had a net...

Antes de responder las siguientes preguntas, estudiar el contenido del video. 1. Diga los elementos que debe contener el proceso verbal de embargo para que sea vlido. 2. Cules situaciones se pueden...

Refer to the Vista Distributors situation in Problem 6-2A. Keep all the data unchanged, except assume that Vista uses the moving-weighted-average-cost method. In Problem 6-2A Jul. 10 Purchased 30...

Your finished work should be submitted in Microsoft word format, i.e., .doc file, and is named as required. For Example, if Betty Jones and John Smith finish project 2 individually, they should be...

Hardware Suppliers reports net income of $165,000. Included in net income is a gain on the sale of land of $20,000. A comparison of this years and last years balance sheets reveals an increase in...

Financial analysts engage in business valuation to determine a company's value. A standard approach uses the multiple of earnings method: You multiply a company's profits by a certain value (average...

For many years, Leno Corporation has used a straightforward cost-plus pricing system, marking its goods up approximately 25 percent of total cost. The company has been profitable; however, it has...

The NRF is structured to help ________, ________, Nongovernmental organizations, and businesses develop whole community plans, integrate continuity plans, and build capabilities to respond to...

From the textbook "Let My People Go Surfing" please write things that you were surprised about, what you disagree with, and what you liked about the company's strategy. Also, from the below table...

All the requirement is in the attach file, please give me the answer as soon as possible. ISSUES IN ACCOUNTING EDUCATION Vol. 24, No. 1 February 2009 pp. 63-76 Assessing Information Technology...

Complete case requirements 1-4 (exhibit 2) and fill out chart on exhibit 3 ISSUES IN ACCOUNTING EDUCATION Vol. 24, No. 1 February 2009 pp. 63-76 Assessing Information Technology General Control Risk:...

In 650 words explain and answer the following: What did the research for the capstone project show on estimated costs and benefits? What recommendation and how can this organization better match its...

Case Background Big Picture: Determine whether internal controls are effectively mitigating risks. Details: Why is this data important, and what questions or problems need to be addressed? Besides...

I want paraphrase for threeparagraphs, look to the attachment, Commercial banks in Saudi Arabia are well capitalized to withstand any downturn in business cycle. Average Capital Adequacy Ratio (CAR)...