What is one of the objectives of the Business Impact Analysis (BIA)?

Determining the recovery objectives for core and support functions is a critical objective of the Business Impact Analysis (BIA). The BIA focuses on understanding the potential impacts of disruptions on business operations and identifying the resources and processes necessary to maintain or quickly resume business functions after a disruption. By establishing recovery objectives, organizations can prioritize their actions and allocate resources effectively during incidents, ensuring that essential functions can be restored in a timely manner. This process ultimately aids in minimizing downtime, reducing financial losses, and maintaining service delivery.

Other options, while important for various aspects of business operations, do not align with the core purpose of a BIA. For instance, assessing marketing strategies and overall budgets pertains to strategic planning and financial management rather than the operational resilience addressed in a BIA. Identifying potential hazards is more suited to risk assessments rather than the focus on recovery and impact analysis that a BIA aims to achieve.