Project Assignment
Project Title: Security Lapses and Data Breaches: An Examination of the failures to Protect Business Data and their Consequences
Business Component:
Information systems can impact a company by creating a competitive advantage over its rivals, or an entire industry by changing the forces that affect profitability. A competitive advantage results if the new technology increases value to the consumer or reduces the firm's cost. The technology may also change the degree of rivalry https://www.ceptara.com/within the industry, the power of buyers or suppliers, the threat of entry, or the influence of substitute and complementary products.
The paper should include the answers of the below questions:
1. How the organization make their decision under uncertainty
2. Expected value calculation
3. Identify and analyze the costs and benefits of implementing a new technology and how this could create a competitive advantage for a firm.
4. Identify the influence of the new technology on rivalry and/or the other forces that affect profitability of firms in the industry.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.