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We are concentrating on the learning objectives of Chapter 11 and 12 of our textbook.
1. Why do you believe (or don't believe) reviewing a risk assessment plan is important.
2. What are risk elements; what process/s is/are used to find these risk elements; what role does a cost-benefit analyzes play in evaluating these risk elements?
3. Explain your understanding of a risk mitigation plan. As you recall, this was already partially discussed in week 10. However, for this week, go into the specifics of the plan, to include a narrative on the best practices used.
4. What role those a business impact analysis play in the overall risk management process? Include a discussion on the steps and critical elements a business impact analysis will provide.
5. Discuss your understanding of the benefits that can be derived from a business impact analysis, to include best practices to follow.
Attachment:- Managing Risk in Information Systems.rar
Use your knowledge of supply and demand to show what should happen in the market for vanilla ice cream when there is a poor vanilla crop in Madagascar.
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