Sam is a manager that is responsible for overseeing the development and the approval of the business continuity plan. He needs to make sure that his team is creating a correct and all inclusive loss criteria when it comes to potential business impacts. Which of the following should not be included in this criteria?
i. Loss in reputation and public confidence
ii. Loss of competitive advantages
iii. Decrease in operational expenses
iv. Violations of contract agreements
v. Violations of legal and regulatory requirements
vi. Delayed income costs
vii. Loss in revenue
viii. Loss in productivity
A.
i, ii
B.
v, vi
C.
v
D.
iii
Explanation:
Loss criteria must be applied to the individual threats that were
identified. The criteria should include at least the following:
– Loss in reputation and public confidence
– Loss of competitive advantages
– Increase in operational expenses
– Violations of contract agreements
– Violations of legal and regulatory requirements
– Delayed income costs
– Loss in revenue
– Loss in productivity