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Business continuity planning

Business continuity planning is important for businesses, large and small. Briefly discuss the importance of a business continuity plan under the following heads.

(a) Discuss about business continuity needs for eCommerce organizations vs. retail organizations.
(b) Discuss about resources that security personnel can leverage to comply with industry and regulatory changes.
(c) Discuss the feasibility of having a business continuity plan for a small storefront business with it's own e-commerce site. If you owned such a business, would you have a formal business continuity plan in place? Why or why not?

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(a) Discuss about business continuity needs for eCommerce organizations vs. retail organizations.

Business continuity is extremely important for ecommerce organizations as well as retail organizations. Ecommerce firms operate in a highly dynamic and rapidly changing business environment and thus face numerous risks that can lead to significant negative impact in a short time frame. Further, if business continuity plan is not in place, it is very easy for consumers to shift to other providers.

For retail organizations, business continuity is extremely important as well due to extreme competition in the retail industry. Retailers ...

Solution Summary

Business continuity planning is important for businesses, large and small. Briefly discuss the importance of a business continuity plan under the following heads.

(a) Discuss about business continuity needs for eCommerce organizations vs. retail organizations.
(b) Discuss about resources that security personnel can leverage to comply with industry and regulatory changes.
(c) Discuss the feasibility of having a business continuity plan for a small storefront business with it's own e-commerce site. If you owned such a business, would you have a formal business continuity plan in place? Why or why not?

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