What process involves evaluating the potential impact of a disruption on business operations?

The process that involves evaluating the potential impact of a disruption on business operations is known as Business Impact Analysis (BIA). BIA is a critical component of an organization's overall risk management strategy and continuity planning. It helps identify the effects of various types of disruptions on the operation of a business, including the potential financial losses, operational slowdowns, and reputational damage that could occur.

By conducting a BIA, organizations can prioritize their critical functions, assess the resources required for recovery, and develop strategies to mitigate risks associated with any disruptions. This analysis serves as a foundational tool in creating a business continuity plan, ensuring that the organization can maintain essential operations during and after unforeseen events.

The other options, while related to business operations and agreements, do not specifically focus on analyzing the impact of disruptions. A Business Partnership Agreement details the terms of a partnership but does not evaluate operational risks. A Memorandum of Understanding outlines general terms of a mutual agreement without delving into business continuity strategies. An Interconnection Security Agreement deals with the security measures for connections between systems but does not address the impact of business operations disruption.