Question

Which of the following describes the purpose of a business impact assessment (BIA)?

A.It helps you predict business interruptions and develop recovery strategies.
B.It helps you identify what risks you can accept or transfer to third party.
C.It helps you evaluate how a product or service could fail to apply ethical values to a society.

Answer 1

The correct answer is option A. It helps you predict business interruptions and develop recovery strategies

Step-by-step explanation:

The purpose of a Business Impact Assessment (BIA) is to help predict business interruptions and develop recovery strategies. It is an essential tool for businesses to identify potential risks and vulnerabilities that could impact their operations.

By conducting a BIA, businesses can assess the potential impact of various scenarios, such as natural disasters, cyber-attacks, or supply chain disruptions, and develop strategies to mitigate those risks.