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单词 business impact analysis (BIA)
释义

business impact analysis (BIA)

Definition
Management-level analysis aimed at identifying a firm's exposure to sudden loss of critical business functions and supporting resources, due to an accident, disaster, emergency, and/or threat. BIA involves assessing both financial and non-financial (customer service, market confidence, creditor or supplier confidence) costs during business disruption and business restoration periods.

Use 'business impact analysis (BIA)' in a Sentence

The business impact analysis had concluded that we were protected from risk as our insurance policies had depth and breadth.
With a proper upper management team we can see that the business impact analysis has very much differed from when we had the old management team.
After the hurricane, management ordered an emergency business impact analysis to determine how quickly they'd be able to resume normal operations.
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更新时间:2025/4/18 7:40:55