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…
Best practices and benefits of social media for companies Social media plays a vital role in businesses by enhancing communications and connections. Networking can enhance partnership and improve relationships among customers and businesses. The purpose of building relationships is to enhance the brand value and website traffic of the company. Social media can reach the target audiences and create potential customers. Description of best practices in social media analytics Social media analytics mainly involves analysis and gathering of data using Facebook, Twitter, or any such social networks. Businesses and marketers usually use this tool to track conversations and engage customers. Conversations are mainly concerned with the experiences of a particular product. One of the best practices in customer engagement. Here, the term “analytics” has been used to refer to the practice of monitoring, measuring, and, most importantly, interpreting the interactions that occur digitally (Turban, Sharda & Delen, 2014). Analytics can help companies to gain better and improved insights regarding the customers and their behavioral patterns. It leads to the generation of better ideas, relationships, and content. Analytics on social media…
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…
quotes for social media World Autism Awareness Day I might be different from my peers, but I accomplish my milestones in my unique way and timing, so accept and support me. World Health Day The health of a person counts as the most significant life blessing that only the sick can observe. Isra and Miraj Night Allah observes you in your deepest worries as He knows that your help is around the corner. International Day of Families A home may protect you from the elements, but a loving family builds an everlasting home with love and care. World Environment Day When you destroy nature, nature will ruin your lives Father’s Day A dedicated father is more than a hundred schoolmasters Eid Al Fitr May Allah bless you abundantly and give you happiness, peace, and contentment for long future times. World Youth Skills Day Young people need support and role models and not harsh and unguided critics International Day of Friendship Many people walk in and out of our lives, but only real best friends leave lasting footprints of love, care,…
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…