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6 March, 01:39

What is a functionality analysis in which a team gathers data through interviews and documentary sources and documents business functions, activities, and transactions.

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  1. 6 March, 04:22
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    Business impact analysis (BIA) is called a functional analysis in which a team collects data through interviews and documentary sources; tracks business functions, operations, and transactions; establishes a business function hierarchy; and finally, a classification scheme is applied to show the degree of criticality of each function.

    Explanation: Business impact analysis involves identifying a company's essential structures and functions, and interviewing departmental representatives. Once the support of the management is solidified, a business impact analysis must be performed to identify the threats facing the company and the potential costs of these threats.
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