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Mr. Joey Ramone is the CFO of a company which manufactures parts for the four largest auto producers in the U.S. Mr. Ramone believes that the likelihood of a disaster impacting his business is very remote. Given competitive pressures and slim margins in his business, he does not want to spend money or devote the resources to develop and maintain a BCP/DRP. How would you make the case that a BCP/DRP is needed?

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Accounting Basics, Accounting

Category:- Accounting Basics
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