Question

In: Finance

List 5 processes in your current company that would be impacted by a power outage. Rank...

List 5 processes in your current company that would be impacted by a power outage. Rank them in priority order (low, medium, high) to help gain an understanding of which processes are most critical to get the business back up and running

Solutions

Expert Solution

Let's say, the company is a manufacturing industry where the whole or majority of work is dependent on power. If there is a power outage, the following work shall be impacted in the order of priority as follows:

1. High priority: The manufacturing operations shall be shut off leading to no production.

2. High priority: Systems shall be shut off due to which other vigilance will be shut off. It may lead to any trespassing due to lack of power to keep a watch on critical activities.

3. High priority: If the power outage was a surprise, some work would hang up as work in process and in the office work might be unsaved at the time of power outage due to which data would be lost resulting to waste of man hours.

4.. Medium priority: The office computers would be off due to which the office work shall be hampered. If any reporting is to be done, the dependency on system shall interrupt the same and no work would be submitted.

5. Low priority: The IT calls would not be addressed. If the system wouldn't work, the calls logged for system would also not be addressed leading to further delay.


Related Solutions

Company, a pharmaceutical manufacturing unit, cannot afford to have any power outage as this would lead...
Company, a pharmaceutical manufacturing unit, cannot afford to have any power outage as this would lead to loss of time and production shortages. While preparing their annual budget they have allocated 8000 OMR for the purchase of a high power diesel generator set. Owning the generator would demand proper maintenance of the generator also, which would cost the company 250 OMR in the first year. Subsequently the maintenance charges will increase at the rate of 10% every year due to...
BioChem Company, a pharmaceutical manufacturing unit, cannot afford to have any power outage as this would...
BioChem Company, a pharmaceutical manufacturing unit, cannot afford to have any power outage as this would lead to loss of time and production shortages. While preparing their annual budget they have allocated 7000 OMR for the purchase of a high power diesel generator set. Owning the generator would demand proper maintenance of the generator also, which would cost the company 225 OMR in the first year. Subsequently, the maintenance charges will increase at the rate of 10% every year due...
BioChem Company, a pharmaceutical manufacturing unit, cannot afford to have any power outage as this would...
BioChem Company, a pharmaceutical manufacturing unit, cannot afford to have any power outage as this would lead to loss of time and production shortages. While preparing their annual budget they have allocated 6000 OMR for the purchase of a high power diesel generator set. Owning the generator would demand proper maintenance of the generator also, which would cost the company 225 OMR in the first year. Subsequently, the maintenance charges will increase at the rate of 10% every year due...
BioChem Company, a pharmaceutical manufacturing unit, cannot afford to have any power outage as this would...
BioChem Company, a pharmaceutical manufacturing unit, cannot afford to have any power outage as this would lead to loss of time and production shortages. While preparing their annual budget they have allocated 7000 OMR for the purchase of a high power diesel generator set. Owning the generator would demand proper maintenance of the generator also, which would cost the company 225 OMR in the first year. Subsequently, the maintenance charges will increase at the rate of 10% every year due...
List 5 business processes
List 5 business processes
Please list different stakeholders that can be impacted by lease reporting?How would these stakeholders be impacted...
Please list different stakeholders that can be impacted by lease reporting?How would these stakeholders be impacted financially or otherwise?
List two natural processes that would be disrupted or not occur if there was no atmosphere...
List two natural processes that would be disrupted or not occur if there was no atmosphere and explain why.
Make a list of 5 sectors heavily impacted by the COVID-19 pandemic and explain why that...
Make a list of 5 sectors heavily impacted by the COVID-19 pandemic and explain why that is the case. Also make a list of the 3 sectors that have shown the potential for gains and growth during the pandemic and name the top companies in these gaining sectors. Along with the lists, please explain why you think such companies have the potential to grow given the current situation. Provide details into what the company does, how it operates and especially...
List 3 types of evidence scientists used to construct phylogenies? How would you rank the above...
List 3 types of evidence scientists used to construct phylogenies? How would you rank the above evidence? What evidence do you think is best in terms of evolution? Explain why.
1. Explain how you would rank the 5 C’s of credit analysis in order of importance...
1. Explain how you would rank the 5 C’s of credit analysis in order of importance and explain your rankings? 2. What are the most important covenants for creditors to include in loan agreements with borrowers and why? 3. There is a fundamental flaw in the credit rating agency process – the issuer of securities pays for the rating? How can this fundamental flaw be repaired going forward and why is that the best solution compared to other alternatives? 4....
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT