Question

In: Computer Science

Describe what a Business Impact Analysis (BIA)is and create a BIA table to show how an...

Describe what a Business Impact Analysis (BIA)is and create a BIA table to show how an information security manager can use it to evaluate a Customer Relationship Management System?

Solutions

Expert Solution

BUSINESS IMPACT ANALYSIS:

  • Business impact analysis (BIA) is a precise cycle to decide and assess the possible impacts of an interference to basic business activities because of a calamity, mishap or crisis.
  • A BIA is a basic part of an association's business duration plan; it incorporates an exploratory segment to uncover any weaknesses and an arranging segment to create procedures for limiting danger.
  • The outcome is a business sway examination report, which portrays the potential dangers explicit to the association contemplated.

CUSTOMER RELATIONSHIP MANAGEMENT SYSTEM:

  • The term Customer Relationship Management is very popular in business settings and for good reason.
  • Customer relationship management upgrades the reality and can, thusly, decide productivity, devotion, and in general achievement.
  • Customer Relationship Manger is a key methodology permitting you to deal with your organization's relationship with clients or expected clients and all the information related with it.
  • Throughout time, and as your business develops, information streams from various sources, for example, deals, client care or online media checking, fill in volume.

OPERATIONAL CRM:

  • Operational-CRM alludes to administrations that permit associations to take great consideration of their clients.
  • This part of CRM offers help for various business measures including deals, administration and marketing.
  • Data accumulation framework, call focuses and contact focuses are a couple of instances of operational-CRM

ANALYTICAL CRM:

  • Analytical CRM (Customer Relationship Management) denotes the systematic electronic analysis of collated customer data.
  • Customer data is defined as contact data, customer properties and information derived from both online and offline behavior.

COLLABORATIVE CRM:

  • A collaborative CRM is another CRM subset that helps arrange exercises between associations taking a shot at joint ventures.
  • Its will probably guarantee that different associations work in a solitary arranged way.
  • Frequently, this involves speaking with merchants and recording the coordinations for a redistributed products and enterprises.

Related Solutions

Develop the contingency planning policy. Conduct the business impact analysis (BIA). Identify preventive controls. Create contingency...
Develop the contingency planning policy. Conduct the business impact analysis (BIA). Identify preventive controls. Create contingency strategies. Develop an Information System Contingency Plan. Ensure plan testing, training, and exercises. Ensure plan maintenance. In 500-750 words, create a sentence outline of an Information System Contingency Plan (ISCP) for your organisation or an organisation you are familiar with, based on the seven steps listed above and described in the NIST 800-34 directive. Your sentence outline should briefly describe each topic of the...
Business impact analysis (BIA) is an important exercise when developing a business continuity plan. The first...
Business impact analysis (BIA) is an important exercise when developing a business continuity plan. The first step in BIA is to identify critical business activities. Describe in your own words what you think critical activities are and give two (2) examples of such critical activities of a supercomputing centre which provides services to registered users via the Internet. Suppose the BIA team of the supercomputing centre is determining the recover time objective (RTO) of a critical activity that will need...
create a scenario for a business or other organization and use CVP analysis to show the...
create a scenario for a business or other organization and use CVP analysis to show the following: 1. Breakeven in units 2. Breakeven in dollars 3. Target sales in units for achieving a $50,000 target NI 4. Target sales in dollars for achieving a $50,000 target NI 5. You realize that your scenario’s actual capacity is limited to its breakeven number of units (BEu, as calculated in #1 above). Calculate what the new sales price (SP) should be in order...
create a scenario for a business or other organization and use CVP analysis to show the...
create a scenario for a business or other organization and use CVP analysis to show the following: Breakeven in units Breakeven in dollars Target sales in units for achieving a $50,000 target NI Target sales in dollars for achieving a $50,000 target NI You realize that your scenario’s actual capacity is limited to its breakeven number of units (BEu, as calculated in #1 above). Calculate what the new sales price (SP) should be in order to achieve a $10,000 NI...
What is the importance of industry analysis and impact on business performance?
What is the importance of industry analysis and impact on business performance?
What is the importance of industry analysis and impact on business performance?
What is the importance of industry analysis and impact on business performance?
Risk Assessment and Business Impact Analysis
Describe the differences and similarities between risk assesment and business impact analysis.
Question 1 Describe a Business Continuity Management System including its BIA Strategies, plans, and Tests and...
Question 1 Describe a Business Continuity Management System including its BIA Strategies, plans, and Tests and Exercises that would be appropriate for the Organization. Justify your chosen strategies and type of exercises. Question 2. A) Outline key/distinguishing characteristics and objectives of Emergency Management, Crisis Management, Disaster Recovery Planning and Business Continuity Management? Provide brief examples of relevant past real world incidents requiring initiation of each of these activities. B) What is Business Continuity Management? List and explain in details the...
Please fill in the table below. Show how expansionary activities conducted by the Federal Reserve impact...
Please fill in the table below. Show how expansionary activities conducted by the Federal Reserve impact credit availability, the money supply, interest rates, and security prices. Do the same for contractionary activities (↑, ↓ or NC)   Expansionary ↑, ↓ or NC Contractionary ↑, ↓ or NC Credit Availability Credit Availability Money Supply Money Supply Interest Rates Interest Rates Security Prices Security Prices
Create a prisoner's dilema table. Then use a prisoner’s dilemma to show how hoarding behavior can...
Create a prisoner's dilema table. Then use a prisoner’s dilemma to show how hoarding behavior can arise as an equilibrium when an emergency is expected. Explain why you chose the payoffs the way you did.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT