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Mkey [24]
3 years ago
10

When does a company need to identify mission-critical business functions and quantify the impact a loss of such functions may ha

ve on the organization in terms of its operational and financial position, what should be performed
Business
1 answer:
Whitepunk [10]3 years ago
3 0

Answer: Business Impact Analysis

Explanation:

Business Impact Analysis should be carried out at least once every two years. It may be longer for some business while for some businesses such as banks, one year is ideal.

A Business Impact Analysis examines the effects a disruption in normal business activities due to unforeseen events such as disasters would have on a business so as to determine the strategies to put in place to mitigate or prevent the worst of these possible outcomes.

Recovery strategies can include how to handle loss of income, higher expenses or displeased customers among others.

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Why is it that restaurants have been so slow in adopting analytics
nexus9112 [7]

Answer:

the restaurant industry has been slow to adopt data analytic. Rising food and labor costs are also forcing restaurants to become more efficient.Technology must and is playing a key role to optimize the bottom line and provide a great guest experience

Explanation:

25% of those restaurants surveyed indicated they plan to spend more money and time on technology in 2016. While 4 out of 5 of these same participants also admitted that technology makes them better by: increasing sales, improved productivity, and provides a competitive advantage.

Based on the survey responses mentioned above, there seems to be a high level awareness that technology and best practices will bring real value to a restaurant’s operations; but then perhaps a gap that leads to inaction when it comes to purchasing and implementing technology. When it comes to technology solutions designed to improve your pre-employment, onboarding, tax credit screening, I-9, and unemployment management process, Equifax can serve as a resource by providing best practices, resources, and solutions to help solve for your challenges.

4 0
3 years ago
Southern california publishing company is trying to decide whether or not to revise its popular textbook, financial psychoanalys
steposvetlana [31]

If the company requires a return of 10 percent for such an investment, calculate the present value of the project.

The present value of the project is $72349.51.

Since we consider only incremental cash flows for a project, we consider $21,600 for year one and calculate a 4% increase for each of the additional years.

We then calculate the Present Value Interest Factor (PVIF) at 10% for four years using the formula :

PVIF = 1 / [(1+r)^n]

Next, we find the product of the respective cash flows and PVIF for each year.

Finally, we find the total of the discounted cash flows for the four years to find the Present Value of the project.

8 0
3 years ago
Kia, a top-level manager in a software firm, is allocating the company's resources to meet the organization's long-term goals. S
lana66690 [7]

Answer:

C. Strategic plan

Explanation:

Strategic planning involves developing a business strategy, method of implementing the business strategy and finally evaluating the business strategy in order to see if it has achieve its goal. It is characterized by strategy formulation, implementation and evaluation. In this case, Kia is contributing to the strategic plan by allocating company's resources to meet the long term goals of the company and defining long term activities, that is, developing a business strategy.

3 0
3 years ago
According to the multiple levels of analysis anchor:
nirvana33 [79]

ob topics typically relate to the individual, team and organizational levels of analysis.

7 0
3 years ago
or 2018, Gourmet Kitchen Products reported $22 million of sales and $18 million of operating costs (including depreciation). The
Vinil7 [7]

Answer:

Economic value added = $1,250,000

Explanation:

Economic value added (EVA) = Net operating profit after taxes - Invested capital * cost of capital

Economic value added= [($22,000,000 - $18,000,000) * (1 - 0.35)] - [$15,000,000 * 9%]

Economic value added =  ($4,000,000 * 0.65) - $1,350,000

Economic value added  = $2,600,000 - $1,350,000

Economic value added = $1,250,000

5 0
3 years ago
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