Ruth is reviewing her organization’s business continuity and disaster recovery plans. In it, she comes across the following statement: “In the event that the payroll system fails, the IT team must restore access within 48 hours to avoid unacceptable levels of damage to the business.” What type of statement is this?
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Ruth is reviewing her organization’s business continuity and disaster recovery plans. In it, she comes across the following statement: “In the event that the payroll system fails, the IT team must restore access within 48 hours to avoid unacceptable levels of damage to the business.” What type of statement is this?
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- The following information assumes that the CFA Institute Code of Ethics and Standards are applicable. Maria has recently joined the LLT group. Today a client approaches Maria for some investment advices on how to accumulate his personal wealth. Lenora, who is Maria’s supervisor, just walks past and overhears their conversation. Lenora asks Maria to convince the client to invest in a private equity fund. Maria has a different thought and believes the private equity fund could be too risky for the client. However, she wants to receive a good evaluation from the supervisor and hence she recommends the client to invest in the private equity fund for a good return. You are required to establish what is unethical and which Standard is most likely violated.: You are employed by Univeristy of Gujrat , a university that provides a range of training and education, including Computing, and Information & Communication Technology (ITC). The Head of Department of ITC, Mr Rumi, has discovered that on more than one occasion recently a computer virus has been introduced to the computers in the department. He thinks that the viruses have been introduced from computer disks brought in by students. He has decided to introduce a system where all disks used in the department must be checked for a virus before they can be put into the computers. He says to you, I would like you to send a memo in my name to all teachers who use the computer rooms. You will have to tell them that all disks brought in by students must be checked before there are used. The teachers have to check them carefully, of course. We have got to stop these viruses being introduced before they cause serious problems. Oh yes, reminds them to lock up the rooms when they leave.…Belmand College is a registered private higher education institution. It specialises in IT diplomas and professional courses. The college has a total enrolment of about 150 students. They have four admin employees, a librarian, and three full time lecturers. Part time lecturers are hired every semester. They are currently using Microsoft Excel to handle the administration of the college. The current system being used has many of challenges. It is error prone, monotonous and it is not easy to use and update. They are also using Google Classroom to deliver online lectures. Management have made a decision to adopt an integrated computerised system. Draw activity diagrams for an admin, showing the process which they will follow when admitting a student.
- Discuss the ethical considerations associated with continuity planning, such as prioritizing the safety and well-being of employees during a crisis.Mazen has been an operations’ manager at XYZ company for the past 5 years. He holds many complex tasks and is required to stay connected and updated with information concerning the employees and the customers. Moreover, he is aware of the importance of consistently gathering, giving and receiving information.One day, he receives a financial report stating that sales for the past weekend have dropped about 10%. He assumes that this problem is caused by the recent increase in prices and doesn’t gather further information nor find alternatives to solve this problem. Mazen is being a: * 1 Problem avoider 2Problem solver 3 Problem seeker 4 Problem creatorYou own a combination architectural/engineering company. I long-ter m client just asked your firm to design a boat dock that can accommodate 20 boats. Please list 12 questions that you would need to ask the client in order to properly design the boat dock to be economical, safe, and long-lasting. Please also explain the purpose of asking each question.
- Model the following fragment of a business process: Process 1: Once a loan application has been approved by the loan provider, an acceptance pack is prepared and sent to the customer. The acceptance pack includes a repayment schedule which the customer needs to agree upon by sending the signed documents back to the loan provider. The latter then verifies the repayment agreement: if the applicant disagreed with the repayment schedule, the loan provider cancels the application; if the applicant agreed, the loan provider approves the application. In either case, the process completes with the loan provider notifying the applicant of the application status.Process 2: A loan application is approved if it passes two checks: (i) the applicant’s loan risk assessment, done automatically by a system, and (ii) the appraisal of the property for which the loan has been asked, carried out by a property appraiser. The risk assessment requires a credit history check on the applicant, which is…Is the following statement correct? Vertical integration is the process of a company expanding its operations either backward into an industry that produces inputs for the company’s products, such as raw materials or product components. For example, producing car batteries is an input of the automotive industry but can also be integrated vertically. Vertical integration can also be done forward into an industry that uses, distributes, or sells the company's products and it moves to the final delivery of the product to the customer. The parallel shifts from car ownership to the mobility of demands change the automotive industry. Car manufacturers test different business models, such as car sharing, in order to morph into mobility providers which is a typical forward integration strategy. Please choose an answer: True Not correctPine Valley Furniture Pine Valley Furniture recently implemented a new internship program and has begun recruiting interns from nearby university campuses. As part of this program, interns have the opportunity to work alongside a systems analyst. This shadowing opportunity provides invaluable insights into the systems analysis and design process. Recently you were selected for a six-month internship at Pine Valley Furniture, and Jim Woo has been assigned as your supervisor. At an initial meeting with Jim Woo, he explains that Pine Valley Furniture is currently involved with two important systems development projects, the customer tracking system and WebStore. The purpose of the customer tracking system is to enable the PVF marketing group to track customer purchase activity and sales trends better. The WebStore project will help move the company into the twenty-first century by facilitating online furniture purchases, with an initial focus on corporate furniture buying. During your…
- Model the following business process for assessing credit risks. When a new credit request is received, the risk is assessed. If the risk is above a threshold, an advanced risk assessment needs to be carried out, otherwise a simple risk assessment will suffice. Once the assessment has been completed, the customer is notified with the result of the assessment and meantime the disbursement is organized. For simplicity, assume that the result of an assessment is always positive.Aaron is a young entrepreneur. He saw a business opportunity in providing alternative electricity solutions. He started his business, Alt Energy, a year ago. He rents a small office and storage room, and he owns three vehicles. The office is used for administration. The storage room is used to store expensive equipment and stock. Aaron has employed an administration clerk and four technicians. Due to the increase in loadshedding, his business has grown rapidly. He has appointed a new manager and he wants to provide him with a report on what risk and risk management is. 1.Objectives 2 Risk identification 3 Risk evaluation 4 Risk control 5 Risk financing 6 Programme monitoring and administrationAaron is a young entrepreneur. He saw a business opportunity in providing alternative electricity solutions. He started his business, Alt Energy, a year ago. He rents a small office and storage room, and he owns three vehicles. The office is used for administration. The storage room is used to store expensive equipment and stock. Aaron has employed an administration clerk and four technicians. Due to the increase in loadshedding, his business has grown rapidly. He has appointed a new manager and he wants to provide him with a report on what risk and risk management is. explain the risk management process by describing each stage and how it applies to Alt Energy. 1.Objectives Indicate the importance of setting objectives and apply it to Alt Energy. 2 Risk Identification