Briefly describe the main purpose of business impact


Security Strategy & Policy Discussions

Discussion 1

"Data Classification and Data Handling" Please respond to the following:

• Assess the main policy elements governing data classification and data handling in organizations to ensure that data remain protected at rest and in transit. Describe the methods that organizations can implement to ensure that data remains protected at rest and in transit.

• Determine which areas of the data life cycle are the most challenging to control and explain why (i.e., creation, access, use, transmission, storage, physical transport, and destruction).

Discussion 2

"Business Impact Analysis (BIA), Business Continuity" Please respond to the following:

• Briefly describe the main purpose of Business Impact Analysis (BIA), Business Continuity Planning (BCP) and Disaster Recovery Planning (DRP) policies. Determine how these policies are similar and how are they different.

• Suggest a generally well-known example of an incident in the past 10-15 years, such as Hurricane Katrina, that highlights the importance of conducting the appropriate planning and development of these policies (i.e., BIA, BCP, and DRP). Identify the areas in your example that would be affected the most without a policy such as the ones mentioned above.
Personal Financial Planning Discussions

• e-Activities

o Read the document on markets and investing titled "A Guide to the NYSE Marketplace" located at: https://www.nyse.com/pdfs/nyse_bluebook.pdf. Be prepared to discuss.

o Go to the Federal Trade Commission Website and read, "Investments and Grants" articles located at: https://www.consumer.ftc.gov/topics/investments-grants. Next, take the Better Business Bureau's online quiz, "Test Your Investment IQ" located at: https://www.bbb.org/us/article/ftc--test-your-investment-iq-4759. Be prepared to discuss.

o Watch the Chapter 11 Kiplinger video, "The Time Value of Money", (1 min 41 s). Be prepared to discuss.

Discussion 1

Investing

• From the first e-Activity, if you were given $100,000 to invest however you prefer, choose two investments for your portfolio, and explain your reasons for choosing them.

• Given that Sally has never invested a dime but has chosen to begin an investment portfolio, identify the key steps she should take to begin creating her investment portfolio. Indicate at least two key aspects of the securities market that she should consider when purchasing stocks, bonds, or other financial investments.

Discussion 2

Financial Planning

• From the second e-Activity, discuss one aspect of investing that surprised you after having tested your own investment I.Q. Provide a rationale for your response.

• From the third e-Activity, summarize two key points about the time value of money and the manner in which you can personally apply it to your own financial planning. Provide two examples of your potential application of Time Value of Money to support your rationale.

Essentials of Exporting/Importing

Discussion 1

"Future Import Issues" Please respond to the following:

• Analyze the future import issues discussed in Chapter 11 to determine which issue creates (or will create) the greatest challenges for importers in general. For example, a decision to self-audit could require a substantial reorganization of the company. Explain your rationale.

• Based on the same analysis, discuss additional issues you see as likely to arise in the next 10 years. For example, it is expected that C-TPAT compliance requirements will expand and become more stringent. Provide specific examples to support your response.

Discussion 2

"Reasonable Care" Please respond to the following:

• You are responsible for developing the reasonable care standard within your organization that will govern how customs requirements will be addressed. Discuss how you would create an organizational policy that takes into account the guidelines that will meet current customs regulations.

• Imagine that your organization's shipments are regularly turned back as a result of customs' inspections. Explain how you would develop a troubleshooting plan that would identify and address the problem.

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Business Management: Briefly describe the main purpose of business impact
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