Examlex

Solved

What Is Business Impact Analysis and Why Is It Important

question 24

Essay

What is business impact analysis and why is it important?


Definitions:

Daily Sales

The total volume or value of products and services sold within a single business day.

Demand Price Elasticity

The responsiveness of the quantity demanded of a good to a change in its price; it measures how consumers react to price changes.

Product Price

The amount of money charged for a good or service in the market.

Purchases Increase

A rise in the quantity of goods or services bought over a specific period of time.

Related Questions