Differences Between Culture, Race, And Class - 1329 Words

This paper will focus on the similarities and differences in cultures and how it relates to schooling, family, religion, education and language. The purpose of this paper is to highlight the effects that culture, race, and class have on human’s behaviors, resilience, struggles and faith. . The cross culture countries of analysis will be Guyana and Portugal which are situated at two opposite ends of the world. Which makes this comparison even more compelling? With worlds so distant, one might expect to have fewer similarities. But as I began to categorize the similarities and difference on chart exhibit A, I was pleasantly surprised with the commonalities. First I developed a chart and compare the similarities and differences,†¦show more content†¦According to the text Understanding Human Differences by Koppelman stated â€Å"For every talent that poverty has stimulated it has blighted a hundred† (p. 264). Secondly, the difference that was recognizable was the religious aspect. Even though Claudio was raised a Roman Catholic and I an Anglican, we both believe in the same God. Our views on heaven and hell totally differ relating to religious beliefs. From my perspective I, believe in heaven and a hell. Coupled with, being accountable to someone when you depart this world. As the saying goes, everyone was put on this earth for a reason and we as individuals should achieve and accomplished the purpose we were meant to achieve. If for some reason, we did not achieve our purpose while we were on earth, then there should be consequences for our actions or missteps when our souls depart this earth. Claudio on the other hand, whose early years were deeply engrossed in becoming a priest, has drawn a connection from his own life experience. For instance, he seems to come to the conclusion that there is a heaven, but not a hell. He also elaborated that the persecution that humans endure during their lifetime on earth is the hell we sometimes describes when

Core Corporate Strategic Capabilities Role of Corporate Capabilities - Free Essay Example

Sample details Pages: 12 Words: 3511 Downloads: 1 Date added: 2017/06/26 Category Marketing Essay Type Research paper Did you like this example? Abstract Core strategies have been addressed in most of strategic literature but there has been little extension with respect to assessing the core strategic capabilities. Market measure which is done in form of looking competitive advantage has been the widely used measure for assessing the success of a strategy. Corporate reputation measure reflects into a large extent the performance measure, as well a society measure together with integrating institutional dimensions (macro, messo and micro). Don’t waste time! Our writers will create an original "Core Corporate Strategic Capabilities: Role of Corporate Capabilities" essay for you Create order Capability of a strategy is not only assessed with respect to performance delivery but its ability to overcome environmental barriers, within and outside the corporate, and achieve these in integrity manner on which the outcome is sustainable corporate reputation which is measured from international as well as national eyes. In other words, reputable firms are well performing firms in the market (financial measure) but in addition they perform well in non financial measures. This paper has sited corporate capabilities as well as corporate integrity to be main ingredients toward core corporate strategic capabilities but also institutions shape both of them. On the other hand this paper is contributing to the standing literature with respect to assessing a capability of a strategy not only on the features and performance based but from society angle as well as in context of institutions. 1.0 Introduction Core corporate strategic capability is the question for many corporations that operates around many places in the world. Traditional measure for assessing the successful or a key strategy is with respect to their competitive advantage. Strategies in this scale are assessed to whether they fulfil the aspects of uniqueness, inimitable, rare, and be able to create value. The outcome of these dimensions leads into competitive advantage which by itself is a measure of firm competitiveness relative to another player in the firm. This measure is too limited for several reasons. Worden (2003: 39) commented that reputation is base of an organizational identity, crystallizing the essence of what a company is, does, and stands for through images held of the organization in its environment. This paper intends to go beyond in addressing the question of a capability of a strategy which is not only assessed within the constraints of performance though that is also one on the dimension. This pa per also has a view that a core strategic capability depend highly on the corporate capabilities (innovation, leadership/managerial, financial etc), but does as well include corporate integrity. Lenz (1980) defined strategic capability as the capability of an enterprise to successfully undertake action that is intended to affect its long-term growth and development. If Integrity has not being integrated into a strategy there will be a huge failure from within and from outside the firm. Core strategic capability not only relies on corporate capabilities but also relies on corporate integrity as well as on the influence of institutions. Tan Litschert (1994) found a different strategic focuses between planned economies and transition economies, implying a huge role of institutional factors in restructuring and assessing the strategic capabilities. 1.1 General Objective To analyze core corporate strategic capabilities and their ultimate influence on sustainable corporate reputation as well as assessing the role of corporate capability and corporate integrity on these strategic capabilities. 1.2 Specific objectives Defining and assess core corporate capabilities, core strategic capabilities, corporate reputation, institutions and corporate integrity. Analyze the influence of core corporate capabilities on core corporate strategic capabilities. Analyze the influence of Corporate Integrity on Core corporate strategic capabilities. Examine the role of institutions on both the ingredients influencing core corporate strategic capabilities and on sustainable corporate reputation. Analyze the influence of corporate core strategic capabilities on corporate sustainable reputation. 1.3 Reseach Questions What are core corporate capabilities? What are corporate core strategic capabilities? What is corporate reputation? What are institutions? What is corporate integrity? What is the influence of corporate core capabilities on corporate core strategic capabilities? What is the influence of corporate integrity on core strategic capabilities? What is the role of institutions on both ingredients that influence core strategic capabilities and on sustainable corporate reputation?; What is the influence of corporate core strategic capabilities on corporate sustainable reputation. 2.0 REVIEW OF LITERATURE AND CONCEPTS 2.1 Corporate capabilities Ulrich Wiersema (1989: 119) defined Organizational capability as a firms ability to establish internal structures and processes that create firm-specific competencies and enable it to adapt to changing external pressures. Day (1994), on the other hand distinguished between business/organizational assets from business/organizational capabilities. Wong (2009) argued that skills and competence of business continuity management are integral parts of strategic management. Irvin Michaels III (1989), noted skills to be critical capabilities that an organization as a whole has- as distinct from the capabilities of individuals in the organization. Other authors use the term capability to refer to certain key skills of the organization. Managerial, technological, leadership, innovation, negotiation and communication are some of capabilities that are mostly referred in most articles with respect to this subject (Lenz, 1980; Ulrich Lake, 1991). In this study corporate capabilities in addition to (Lenz, 1980, Ulrich Lake, 1991) should also be able to empower the organization through value creation, overcoming the corporate barriers as well as being relied for such purposes within the organization and ultimately they should be able to deliver the expectations of firm and society at large. 2.2 Corporate Integrity: Integrity is derived from Latin word integritas meaning wholeness, coherence, rightness, or purity, has both a narrow and broad sense (Worden, 2003:33), the author continued to argue that integrity can also be defined as consistency between word and deed, in line with a consistent set of principles or commitments, especially in the context of a temptation or challenge to the contrary. Schwartz (2005: 28) defined Integrity as to be of sound moral principle, to have the characteristics of honesty, sincerity, and condor. Koehn (2005) noted that integrity is a business asset and he claim we should value integrity because it has a market worth. To kohen, people of integrity want to act mindfully whenever, wherever and those possessing this virtue, act with both short and long-term. This paper views corporate integrity as not just abiding to laws or regulations of a particular country of fits into ethical views of a given culture but to constantly abiding to the global (internat ional) principles in terms of words and actions. 2.3 Corporate Reputation Worden (2003: 39) commented that reputation is base of an organizational identity, crystallizing the essence of what a company is, does, and stands for through images held of the organization in its environment. On the other hand Fombrun (1996), pointed out that Reputation capital is a form of intangible wealth which is closely associated with accounts call or goodwill and marketers term brand equity. Castro (2006) described corporate reputation as a result of the process of social legitimization. Reputation assumes an important role when there is uncertainty about the underlying quality of firms offerings (Robert and Dowlig, 2002: 1079). Describing the nature of uncertainty, authors argued that uncertainty makes it difficult for competing firms to quickly make quality demonstrations that would offset the signalling benefits associated with a good reputation. Schwaiger (2004) on the other hand pointed out that evaluating corporate reputation not only appraises subjective perc eptions of a companys attributes but also allows an intrinsic disposition towards these attributes. 2.4 Core strategic Capability Mintzberg (1973) defined strategy as a patterned stream of decisions, which focus on a set of resource allocations that are employed in an attempt to reach a position consistent with a firms environment. Ulrich Wiersema (1989) noted a need for firm to develop a sense of strategic capability so as to adjust with environmental turbulences. Lenz (1980) defined strategic capability as the capability of an enterprise to successfully undertake action that is intended to affect its long-term growth and development. Hafeez et al (2002) noted that key strategic capabilities are those that help to generate high profit margins, and are the clear market winners in securing market share however authors argued that relying purely on financial measures have implications. This paper perceive strategic capabilities to be able to link the corporate capabilities and their intended results as well as being able to overcome business and institutional barriers from within and outside the organ ization. 2.5 Institutions North (1990:34) defined institutions as humanly devised constraints that structure human interaction. Scott (1995:33) on the other hand defines institutions as regulatory, normative, and cognitive structures and activities that provide stability and meaning to social behaviour. Peng (2004) established what he noted as institutional framework and is made up of formal and informal institutions governing individual and firm behaviour and these institutions, in turn, are supported by three pillars, which are regulatory, normative and cognitive. Falkenberg (2007) viewed institutions as the those which provide traffic rules for carrying our transactions, or exchange. The major role of institutions in a society is to reduce uncertainty by establishing a stable (but not necessarily efficient) structure to human interaction (North, 1990). Meyer Nguyen (2005) suggested that institutions influence business strategies. Peng (2004: 110), noted that institutions affect firm strategies by con straining the range of acceptable actions. This paper will use the model introduced by Falkenberg (2007) on levels of institutions, where he noted the micro, macro and messo (contry) level institutions. Micro level institutions play as traffic rules for the human behaviour within the local culture. Messo level institutions interact at the national level of a country which include economic, political and legal systems. Macro institutions help to govern international business to be more profitable and fair for parties in the transaction. 2.6 Corporate Performance Mostly widely used form of performance measure for the firms is economic performance. Some studies use absolute measures while others use relative measures. When a relative measure is used, the performance of a firm is compared to others in the same industry. Dess Robinson (1984) used in each firms current performance relative to other firms in the industry. Fombrun Shanley (1990) used relative competitive measure in terms of sales growth, Return on equity, Return on investments etc. Objective performance measures has been highlited to be complex for small firms compared to large firms (Dess Robinson, 1984). Just as price signals a firms inherent quality to consumers, high economic performance signals a firms inherent quality to investors and creditors (Fombrun and Shanley, 1990). 3.0 CONSTRUCTED MODEL AND HYPOTHESIS 3.1 Model The model below summarizes the theory discussed from above section. The idea from the model is that the key ingredients towards corporate core strategic capabilities are corporate capabilities and corporate integrity, institutions are mediating this relation. On the other hand Core corporate strategic capabilities leads into sustainable corporate reputation. Corporate Capabilities Corporate Integrity Core Corporate strategic capabilities Sustainable Corporate Reputation Capital Institutions Macro Messo Micro + + + + + Corporate Performance + Figure 1 Source: (Author construct from literature, 2010) 3.2 Hypothesis and Prepositions 3.2.1The Effect on Corporate Core Strategic Capabilities Effects of Corporate Capabilities Corporate capability have been highlighted by Ulrich Wiersema (1989) to mean firms ability to establish internal structures and processes that create firm-specific competencies and enable it to adapt to changing external pressures. The rationale for arguing this is the fact that strategy by itself without organizational capabilities cannot deliver. This means the capability of strategy will heavily rely on the organizational capability. (Lenz, 1980) argued that broader a firms knowledge-technique base for value creation, the greater is its strategic capability. H1: Corporate capabilities have a positive impact on core corporate strategic capabilities. Effects of Corporate Integrity Velasquez (2006) pointed out that business activities, like any other human activities, cannot exist unless the people involved in the business and its surrounding community adhere to some minimal standards of ethics. Integrity facilitates the bottom line, making it of value to strategic values (Worden, 2003). A strategy based on integrity hold the organization to a more robust standard (Paine, 1994:111). Petrick Quinn (2001) suggested that integrity is an organizational strategic asset. The capability of strategy in this respect relies on the integrity of the organization employees and management which together formulate the dimension of corporate integrity. Formal way of arguing is that a strategy as a formulated means will not only need empowerment from the organization but will require the ethical dimension which ensure that there is a match between the underlined actions and expectations to the actual implementation. H2: Corporate Integrity has a positive impact on corp orate core strategic capabilities Effects of Institutions Institutions to which the corporate are operating have a key role in determining their strategic capability. The strategy may be capable in one country and became incapable in another country just because of the variation of institutional factors. Formally I argue that the institutions have positive mediating effect between the corporate integrity and core strategic capability as well as in relation between corporate capability and core strategic capability. Lewin et al (1999), noted that strategies and organizational responses are expected to be partly shaped by country-specific changes affecting business system and culture, and by history and firm-specific history-dependent exploitations and explorations H3a: Level of integration of Institutional aspects in the corporation has a positive mediating effect between corporate capabilities and core strategic capabilities. H3b: Level of Institutional integration aspect in the corporation has a positive mediating effect between corporate integrity and corporate strategic capabilities. 3.2.2 Effect on Sustainable Corporate reputation Effect of Core strategic capabilities Worden (2003) viewed corporate reputation as a base of an organizational identity, crystallizing the essence of what a company is, does, and stands for through images held of the organization in its environment. The description of worden represent ideal of what a strategic capability can ensure for the organization, meaning it will not only impact positively on reputation but will also ensure the sustainability of it. H4: Core strategic capabilities have a positive effect on Sustainable corporate reputation Effect of Institutions Institutions have also a key role in determining corporate reputation. Culture values which centres on establishing society norms for judging what is right or wrong provide a key influence on shaping a response with respect to how people views a certain conduct as a reputable or not. Also international laws, rules and principles as well as local government laws and media plays key roles in evaluating or judging the perception to what the corporations are doing. The reputation of a firm is not only an outcome of its performance but depends on whether the performance is in accordance to institutional expectations. Formally arguing the institutions have a direct effect on sustainable corporate reputation. H5: Level of integration of Institutional aspects in the corporation has a positive effect on sustainable corporate reputation. Effects of Performance Relationship between a firms reputation and its financial performance is complex (Hammond and Slocum, 1996). Key two reasons which were mentioned by the authors to be souce of complexity are; First, it takes profit to have the funds to have socially responsible activities. Second is the differences in stakeholders interests, whereby satisfying one group could be at the expense of the other. Thirdly is that corporate reputation often represents stakeholders perception of the quality of the firms management. The results from Hammond Slocum (1996) study indicated that performance (measured by return on sales) has a positive impact on firms later reputation. Citing specific examples, they found that ROE in 1981 was positively associated with good reputation in 1993. On the other hand an empirical analysis by Sabate and Puente (2003), indicated a two way relationship between reputation and performance. H7: There is positive interrelation between corporate performance and corporate r eputation 3.2.3 Effect on Performance Core strategic capabilities Hill and Snell (1988), found a directly positive effect of strategy on firm performance (in terms of profitability). On the other hand Beard Dess (1981), found that both corporate-level strategy and business level strategy are important in explaining variations in firm profitability. H8: Core strategic capabilities has a positive impact on corporate performance RESEARCH METHOD SAMPLE This study intends to use about 250 Multinational corporations. The sample is intended to be half splited between multinationals that operates in developing economies and those which operates in developed economies. In a situation which a particular multinationals is operating in both econmies (which is a likely to be a case), one on subsidiary will be choosen. 4.0 EMPIRICAL MEASUREMENTS 4.1 Reputation Fortune 1000, have examples of items they use in assessing firm reputation from managers and analyst and they include aspects like; asset use, community and environmental friendliness, ability to develop and keep key people, financial soundness, degree of innovativeness, investment value, management quality and product quality. Cravens et al (2003) developed a reputation index measure which reflected the following aspect; Product/service; employee/suppliers; external relationships/alliances; innovation; value creation; financial strength and viability; strategy; culture; intangible liabilities. These items do not differ from what Schwaiger (2004) noted same features as well. Fombrun and Shanley (1990) used 11-pont scale (0= poor, 10= excellent) and questions focused on how would respondent rate the companies on each of the following attributes: quality of management, quality of products or services; long-term investment value; innovativeness; financial soundness; ability t o attract, develop, and keep talented people; community and environmental responsibility; and use of corporate assets. This paper will adopt this measure. 4.2 Integrity Kaptein and Avelino (2005) will be used (7-points likert scale) where key items are; the existence of codes, the quality of compliance programs; the ways these codes and programs are embedded in and supported by the corporate structure and culture; the frequency of unethical conduct. Authors broadened up these dimensions into specific set of items which were ranked in percentages from (0= poor to 100%= excellent). These items are False/misleading promises to customers; violation of workplace health/safety rules, employment discrimination; sexual harassment or hostile work environment; carelessness with confidential/proprietary information; Activities posing a conflict of interest; 4.3 Organizational Capababilities: This paper will use part of items developed by Lenz (1980), Ulrich Lake (1991) which included managerial, technological, leadership, innovation, negotiation and communication capabilities. These all items will be used in 7-points likert scale and the focus will be finding out the extent to which particular organization posess them. Sharma Vredenburg (1998) provided detailed items, and they will also be used in addition to above. 4.4 Core strategic Capabilites Most strategic literature argue that a core strategy must be rare, inimitable, valuable as well as organizable. These character are not necessarily the capabilities themselves rather they are centred at creating a competitive advantage i.e. an advantage of a firm relative to their competitors in a given industry. Sharma Vredenburg (1998). Example of some statements could be; We have capable means to address conflicts within and outside the organization; Our strategies (means) are unique and well embedded in our organization (not easy to copy by other organizations) and are capable at creating benefits; Our strategies are capable of addressing local challenges as well as meeting universal standards; Our strategies do not conflict with local culture and society values; Our strategies are capable of ensuring sustainable growth 4.5 Institutions In measuring the institutions there will be a need to deal with the three dimensions of institutions Falkenberg (2007 i.e. macro, messo and micro. 7-points likert scale will be used for a set of measuring items which organization will agree or disagree on the extent to which they integrate these institutional items in their strategies and as well on the level they feel they influence their organization. The Lewin et al (1999), five institutional components; Role of government (extensiveness of involvement, regulatory environment in terms of detailness, guidance or laissez-faire), Rule of law (level of developed rules, government role in terms of centralization or decentralization , and transparency), Structure of capital markets (level of restrictiveness versus competitiveness, banks long term equity owners versus sophisticated, large scale liquid markets), Education system (centralized versus decentralized, uniform versus heterogenous, vocational versus non vocationa, meritocracy versus path for socioeconomic system) 4.6 Corporate performance Dess Robinson (1984) used both subjective and self-reported objective measures of return on assets and growth in sales as well as two measures of what may be considered overall or global organizational performance. Objective measures included firm total sales growth, firm after tax return on total assets, and overall firm performance. These measures were then ranked into a five point scale. The subjective performance involved asking CEOs to comment on ideal or optimal performance of their firms in their industries with comparison to competitors. Buck et al (1998) used mainly economic criterias for performance, and key iterms they used were market share, growth (sales), profitability, Retur non investment (ROIC), and ration of market to book value. The decision to include subjective measures in performance relies moslty on the study objectives, whether it is a comparison of measures or it is something involving analysis of relations among variables. This study will adopt mainly eco nomic performance measures used by Buck et al (1998), but in addition the measures will be ranked into a 7-points likert scale. 5.0 Data Analysis Technique Based on the nature of this study qualitative and quantitative data analysis methods will be appropriate. With regard to quantitative data analysis method the following linear regressive (additive) model will be used to test hypothesis H1 to H8. STRCAP = ÃÆ'Ã… ½Ãƒâ€šÃ‚ ² o + ÃÆ'Ã… ½Ãƒâ€šÃ‚ ² 1CORPCAP + ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²2CORPINT + ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²3INST + ÃÆ'Ã… ½Ãƒâ€šÃ‚ µ ( i) Where, STRCAP= Strategic Capabilities CORPCAP= Corporate Capabilities CORPINT= Corporate Integrity INST= Institutions STRCAP= ÃÆ'Ã… ½Ãƒâ€šÃ‚ ² o + ÃÆ'Ã… ½Ãƒâ€šÃ‚ ² 1CORPCAP + ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²2CORPINT + ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²3INST + ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²4CORPCAPXINST + (ii) ÃÆ'Ã… ½Ãƒ ¢Ã¢â€š ¬Ã¢â€ž ¢5CORPINTXINST + ÃÆ'Ã… ½Ãƒâ€šÃ‚ µ Where, CORPXINST= Interaction of corporate capabilities and institutions COPRINTXINST = Interaction of corporate integrity and institutions. CORPREP= ÃÆ'Ã… ½Ãƒâ€šÃ‚ ² o + ÃÆ'Ã… ½Ãƒâ€šÃ‚ ² 1STRATCAP + ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²2INST + ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²3CORPP ERF + ÃÆ'Ã… ½Ãƒâ€šÃ‚ µ (iii) Where, CORPREP= Corporate Reputation CORPPERF= Corporate Performance CORPERF = ÃÆ'Ã… ½Ãƒâ€šÃ‚ ² o + ÃÆ'Ã… ½Ãƒâ€šÃ‚ ² 1STRATCAP + ÃÆ'Ã… ½Ãƒâ€šÃ‚ ²2CORPREP + ÃÆ'Ã… ½Ãƒâ€šÃ‚ µ

Information System And Network Infrastructure Upgrade At...

Purpose of Interview: Determine the requirements of the new information system and network infrastructure upgrade at XYZ Hospital. Questions: 1. What are the current issues with the existing network and information system at XYZ Hospital? One of the first things that comes to mind is the administrative and clinical staff are complaining about how â€Å"slow† the network is. With an increase in staff over the years at the hospital and an increase in the demand of the network and the existing system is struggling to keep up. Staff are complaining about the weak and slow speed of the network at the hospital. Along with the problems of the network, staff are also having a hard time of being able keep patient medical records up to date and patient billing correct. 2. What features should the new system have that the existing system does not currently possess? The hospital’s existing information system and network were designed many years ago when all that it was mainly used for was sending email, using the internet for research, or saving files to a file server. We would like the new information system and network upgrade to take advantage of being able to have an information system where all patient medical records can be updated on a continual basis, where medical inventory can be inputted into a patient inventory database to keep track of what has or hasn’t been used for patients, where patient billing is accurate and kept up to date and accessible in real time. Where ClinicalShow MoreRelatedBenefits And Limitations Of A New Information System And Upgrading The Hospital s Network1416 Words   |  6 PagesThe technology feasibility study has an argument that XYZ hospital s current technology is outdated and doesn t meet current healthcare standards. The hospital s network bandwidth is capped because of the antiquated eq uipment and problematic wiring. Advantages and disadvantages of the current network are that the current system will work with outdated technology. A disadvantage is if the hospital is unable to acquire newer technologies which can have an effect on effectiveness and efficienciesRead MoreTechnology Essay11684 Words   |  47 Pagesthe advances in technology,  scientists  and doctors find different vaccines to help people be healthier. The medical ... Most importantly, we can see how  scientists are in the process of looking for the solution ... ... and they can infuse  this information into a lesson, making the lesson related with real life situations for students. --- very good!! In the final analysis, I think the benefits technology  offers  to improve the quality of life ... Ultimately,  technology is developed by people to helpRead MoreAccounting Information System Chapter 1137115 Words   |  549 PagesCHAPTER 1 ACCOUNTING INFORMATION SYSTEMS: AN OVERVIEW SUGGESTED ANSWERS TO DISCUSSION QUESTIONS 1.1 The value of information is the difference between the benefits realized from using that information and the costs of producing it. Would you, or any organization, ever produce information if its expected costs exceeded its benefits? If so, provide some examples. If not, why not? Most organizations produce information only if its value exceeds its cost. However, there are two situationsRead MoreArticle: Performance Appraisal and Performance Management35812 Words   |  144 Pagesemployee’s performance appraisal system to employee’s performance management system. This paper has focused to study the evolution of employee’s performance appraisal system, critics the system suffered and how the performance management system came to the practice. The main purpose of this paper is to differentiate these two systems, employee’s performance appraisal and management system. This paper uses a review of the literature to evaluate the development of appraisal system and argues the critic areasRead MorePmp Exam Preparation Questions32679 Words   |  131 Pagesthat her organization has already conducted a similar project and some of the team members from that project will join her team as well. She isn’t sure where to start her Project management plan. Her FIRST option is to depend on: A Historical information B Project team C Senior managers D Project sponsor 16 Tax accountants have alerted your company, Scon, about a possible expense reimbursement misuse, including falsifying of data by 250 employees. Upon investigation your company finds theseRead MoreTransforming Total Sales into Net Profits51271 Words   |  206 Pagespublication contains information obtained from authentic and highly regarded sources. Reprinted material is used with permission, and sources are indicated. Reasonable effort has been made to publish reliable data and information, but the author and the publisher cannot assume responsibility for the validity of all materials or for the consequences of their use. All rights reserved. Neither this publication nor any part thereof may be reproduced, stored in a retrieval system or transmitted in any

Leaking Sensitive Information for Malware-myassignmenthelp.com

Question: Discuss about theLeaking Sensitive Information for Malware and Trojans. Answer: This is the threat that occurs mostly due to human error. The employees may unknowingly share potentially secured information such as personally identifiable information. The leakage of such potentially valuable information may pose serious threat to the organization as the information is shared to the attackers and is not restricted to the two parties involved. Fraud/Phishing These attacks is a type of social engineering attack in which the attacker, masquerading as a trusted official forces the victim to click on the malicious links via emails, text messages, and instant messages. It is essentially meant to steal the user data such as the login credentials, credit and debit card details as the details in the link appears official and trusted. Malware/Trojans Malware often termed as malicious software is a file or a program that poses a threat to the computer users. The software is meant to perform encryption of the files and leakage of potentially secured information. It also incorporates the potential to delete the vital information from the computer and usually transmitted through hyperlinks. Moreover, it also spreads through online viewing a file and through e-mail attachments. Compliance Pitfalls The compliance pitfall constitutes a set of rules that are primarily designed to protect the consumers from the incorrect information. The industries should maintain compliance with the regulatory bodies such that the information can be constantly reviewed and monitored by SEC, FINRA or IIROC. Design of a secure social enterprise networking system and reasoning The great utilization of social media poses a great threat to the security of the computers as well as the users. 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Moreover, the employees should posses the discretion as to which URL should be viewed and which should be neglected thus, avoiding the malicious links. This would also prevent the computers and the companys network from the malicious softwares. Moreover, the social media security strategy should also educate the employees about what details should be made public about the organization.