Advantages and Disadvantages of Business Continuity Planning Report

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Description

Write a 3-5 page report focusing on the advantages and disadvantages of Business Continuity Planning in a financial organization under the Incident Command System. Make sure you include the following:

  • a summary paragraph/abstract at the beginning of the report
  • a conclusion at the end of the report
  • at least 3-5 professional references
  • all references (books, web sites, etc.) where you collected your information

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Explanation & Answer

Attached.

Running head: BUSINESS CONTINUITY PLANNING

Business Continuity Planning
Name
Institutional Affiliation

1

BUSINESS CONTINUITY PLANNING
Business Continuity Planning
Summary
Organizations are time and again faced with threats that threaten to disrupt their
operations. Such a scenario requires that a business continuity plan is initiated to enable the
organization to continue with its business process as usual. This papers shall, therefore, be
highlighting the advantages and disadvantages of business continuity planning in a financial
institution under the incident command system.

2

BUSINESS CONTINUITY PLANNING

3

Introduction
In the case of business disruption, organizations must facilitate the continuous smooth
running of the organization. This is meant to ensure that clients continue to receive services as
usual. Financial organizations are set to experience such disruptions due to various reasons.
They, however, need to ensure that their customers continue to transact in the normal way under
such circumstances. The business continuity planning comes into play at this point, allowing the
protection of both company assets (Ramakrishnan & Viswanathan 2012). The plan allows for the
assessment and detection of all potential threats in an organization and the potential impact they
could have on the normal running of the organization. ...


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