Business Continuity Plan for a chosen organization Introduction Business Continuity Planning mainly involves the creation of a system that can prevent a potential disaster or threat. The purpose of creating a BCP is to ensure that assets of the organization are protected, and key stakeholders play an essential role in preparing the plan. Here, a BCP shall be prepared for an IT company that hosts several servers for thousands of clients. The basic activities that BCP can manage effectively shall be outlined. Following that, plans will be prepared for relocating the office to an alternate site. The total expenditure comprising of necessary activities and costs shall be outlined as well. BCP for the organization Cantey Technology, a reputed IT company based in South Carolina, hosts servers and has thousands of clients (Cantey Technology, 2020). It is natural that the business would face issues in its operations in case of any fire-related incident. The network infrastructure and computer hardware are at-risk position. The entire operations of the firm might get hampered if the infrastructure gets damaged due to sudden fire. The…

Business Continuity:BCP for a selected financial institution Introduction An organization operating in the digital age might face potential threats due to natural or human-made disasters. BCP or Business Continuity Planning helps in resolving or preventing the threats and protecting the digital as well as the physical assets of the firm. Therefore, a BCP involves assessment of risks, implementation of safety procedures, and review or monitoring of the process. Here, A BCP shall be prepared for Wells Fargo & Company, a US-based financial service provider. Thereafter, the fundamental activities managed by the plan shall be outlined. A plan for an alternate site for relocation shall be considered, and an approximate budget will be illustrated outlining the costs and activities. BCP for a financial institution Wells Fargo has been one of the leading providers of financial services in the US for the last 160 years. It is headquartered in California, US, and considered the fourth leading bank in the country (Wellsfargo.com, 2020). It committed to serving small businesses and offers mortgages, investing, commercial services, and credit cards to clients. Consequently, online operations…

Business Continuity and Disaster Recovery Plan The Hurricane Katrina disaster affected many organizations causing damage. One of the companies affected by the disaster is Direct NIC, domain registration and web hosting company in New Orleans. The disaster did not affect the main centre of the company because it was on the 11th floor, but the support team was displaced from New Orleans to Houston. The organization was not prepared for the unexpected since most of the remote centers were affected severely, and the structure damaged displacing the support team.  The company lacked written business continuity and disaster recovery plan that helps to ensure business resumes operations efficiently and also recover property and save employees’ lives (Bradley, 2015). Hurricane Katrina was a disaster that triggered the Direct NIC Company to realize that they were not ready to respond to any disaster. An employee shared the experience in a live stream, explaining how horrific the disaster was. The employee explained that they did not understand the best approach to save the organization resources and also their life safety. The company IT infrastructure…

Business Continuity Planner Project Introduction In today’s rapidly changing environment, encountering risks and identifying threat areas for businesses operating in different industries is gradually becoming a norm. This development is facilitated by the emergence of the concept of Business Continuity Planning (BCP). BCP allows businesses to resume operations after a negative impact(s) brought about by unfavourable circumstances (Austin, 2017). These circumstances may range from significant disasters such as infernos and earthquakes to less threatening events such as loss of network resource and power outages, that can quickly escalate from minor emergencies to full-blown disasters (Federal Emergency Management Agency (FEMA), 2013). BCP allows businesses to protect themselves and recover from hazards. Goals and Objectives The primary purpose of this BCP is to reduce the impact of disasters/hazards on the overall performance of businesses, prevent loss of life, and minimize the damage of business property. This activity includes: Effectively reduce the number of decisions to be made in the event of a disaster Eliminate over-reliance on a single individual during a disaster Minimize trial-and-error actions during a crisis; and Reduce the need…

Business Debt Financing           Debt financing is the method of raising extra capital that is used for funding many projects designed by institutions. Governments borrow money from the public by selling government securities and treasury bills (Godlewski, 2008). It can also raise money by borrowing from international monetary fund institutions, for instance, word bank, global monetary fund, global Bank for Reconstruction and development to supplement the existing money. Business institutions borrow money from banks, issuers, selling debentures to mention a few to fund their objectives. The paper analyzes syndicated loans that are issued out to a group of investors and businesses to assist them to fulfill the financing functions of the Company. A case study of Broadcom company, an American company that deals with manufacturing products, infrastructure software, developer, and designer, acquired Qualcom for $121 billion. The enterprise sought $100 billion from great financial institutions, for example, BMO Capital Markets, RBC Capital markets, Deutsche Bank, Scotia Bank, Bank of America Merrill Lynch to buy qualcom. Syndicate loans           Loans issued to governments and businesses to fund large investment projects (Fight, 2004).The liability…

Business Ethical Decision Introduction In every business or organization, following business ethics is a must for business. Without this, the organization might not succeed or reach the organization’s goals. For a company to be able to uphold a good profit picture to the public, they have to ensure that they follow all the business ethics. This means that business management has to look for the various ways in which they will uphold all the business ethics frameworks. This means that the organization needs to have a sit down to evaluate right or wrong in business. This is an important step that should be undertaken by every business. With the current economic problem facing Smooth Ride Tires, there is a pressing need for them to evaluate the lawful means they can use to get themselves out of the situation as well as upholding their name. The company’s motivations as per the situation are not good for business. They are not ethical for business and a bad idea for their image. Once the stakeholders’ daughter decides to take this matter to the…

Business Information system Task one A health care system is amongst the most important sectors of business in a nation. Healthcare involves the organization of institutions, resources, and people that offer health care services to satisfy the health wants of the intended population. Running a medical clinic was the best business selected by the group in the health sector. The reason for choosing the health sector and a private medical clinic business is that the health cases in the community and country are always there, meaning that the firm has market since sickness is not a seasonal situation. The medical clinic goes by the name Quality Health clinic. Products and services The clinic is meant to provide health care products and services. The health care products offered at the clinic include a wide range of different types of medicine, which the customers buy at a reasonable price, free mosquito nets for expectant mothers, blood pressure meter, as well as self-testing instruments for HIV/AIDS, which also are purchased by the patients who are interested in regularly self-checking their blood pressures and…

Business Intelligence concepts   1)   Benefits of Implementing EDW at Isle   Overview   Enterprise Data Warehouse (also known as Data Warehouse) is a collection of databases of a business establishment, collected from various sources and operational branches of the said business, and available in a standard format so that it can be analyzed, and used up for preparing reports. (Rahman (2016). Implementing EDW at Isle   Isle of Capri Casinos was one of the largest publicly traded gaming companies of the United States. Its headquarters were located at Creve Coeur, St Louis, Missouri. The company was founded in 1992 and went defunct in May 2017. Isle found a way to make its hospitality and entertainment aspect more than what customer might anticipate. Before implementing EDW, the casino managers had to wait for next month to review the monthly data of the previous month. This time gap made it difficult for the casinos to identify which actions were suitable to provide customer appeal (Taneja (2016). Advantages   After the implementation of EDW, it had the following advantages: Managers had access…

Business Law assessment one – study period 1 2020     Problem question – worth 20 marks   Abigail Anderson is a registered travel agent who owns and operates a small Perth-based business called ‘VC Discovery Tours’ (VC). VC specializes in 14-day ‘all-inclusive’ package tours to Vietnam and Cambodia. The advertised highlights of this tour include visits to ancient temples in Cambodia, a food and music festival in Hanoi, and a three-day Mekong river cruise. Most VC’s customers are below 35 years of age and live in either Australia or New Zealand. When customers book and pay for the tour, the advertised highlights are included in the itinerary VC prepares for (and emails too) each traveler. All of VCs contracts with travelers contain clauses that remind the travelers to take out travel insurance and to organize their visas and recommended/required vaccinations if any. Nick is a resident of New Zealand. He is worried about entering into a contract with an Australian travel agent but decided to book VC’s 14-day tour online, as it was the best deal available. Based on…

Business Leadership and Ethics Considerations I plan to undertake a business venture into the music industry by establishing a recording studio.  The studio will be an avenue for different artists, musicians, and other entertainers to pit forth their talent. It will offer them a chance to not only record and produce what they bring but also work on perfecting their art. The studio will provide training and exposure prospects for the artists who shall primarily comprise of upcoming and new faces in the market. It will develop their talent by offering to coach and presenting their word to the broader worldwide platform. My team shall comprise of a producer, recording engineer, studio manager, and a studio assistant. The music producer shall assist in achieving my goals and objectives by selecting the sounds in a composition and the final arrangements. This case would need close work with the recording engineer that will have charge over mixing and altering the sounds to produce the ideal beats and music or recording. The studio manager shall also be significant to the plan as they…