Explain in your own words the importance of business impact


"BIA Processes and Practices" Please respond to the following:

Explain in your own words the importance of business impact analysis activities when an organization is trying to determine the breadth of its contingency planning activities. Suggest the potential issues that could arise if a BIA is not performed.

Of the major objectives of the BIA process, determine which you believe to be the most important of these objectives and explain why.

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Business Management: Explain in your own words the importance of business impact
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