Management Of Information Security
6th Edition
ISBN: 9781337405713
Author: WHITMAN, Michael.
Publisher: Cengage Learning,
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Expert Solution & Answer
Chapter 7, Problem 1DQ
Explanation of Solution
Advice to make the consolidation process easier:
- Before the distribution of asset valuation worksheet, a meeting should have been called and should work out the list of assets for which valuation was required...
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Students have asked these similar questions
There was a lack of knowledge of asset management at the firm you just examined, and hence a lack of appreciation for its importance. What can you educate management about asset management using your knowledge and expertise?
There was little awareness of asset management in the firm you just examined, and hence little appreciation for its importance. What can you tell the management about asset management using your knowledge and expertise?
Suppose Amy Windahl left the kickoff meeting with a list of over 200 assets that needed to be evaluated. When she looked at the amount of effort needed to finish assessing the asset values and their risk evaluations, she decided to “fudge” the numbers so that she could attend a concert and then spend the weekend with her friends. In the hour just before the meeting in which the data was due, she made up some values without much consideration beyond filling in the blanks. Is Amy’s approach to her assignment ethical?
After the kickoff meeting, suppose Charlie had said, “Amy, the assets in your department are not that big of a deal for the company, but everyone on the team has to submit something. Just put anything on the forms so we can check you off the list, and then you will get the bonus being paid to all team members. You can buy me lunch for the favor.”
Is Amy now ethically justified in falsifying her data?
Has Charlie acted ethically by establishing an expected payback for this…
Chapter 7 Solutions
Management Of Information Security
Ch. 7 - Prob. 1RQCh. 7 - Prob. 2RQCh. 7 - Prob. 3RQCh. 7 - Prob. 4RQCh. 7 - Prob. 5RQCh. 7 - Prob. 6RQCh. 7 - Prob. 7RQCh. 7 - Prob. 8RQCh. 7 - Prob. 9RQCh. 7 - Prob. 10RQ
Ch. 7 - Prob. 11RQCh. 7 - Prob. 12RQCh. 7 - Prob. 13RQCh. 7 - Prob. 14RQCh. 7 - Prob. 15RQCh. 7 - Prob. 16RQCh. 7 - Prob. 17RQCh. 7 - Prob. 18RQCh. 7 - Prob. 19RQCh. 7 - Prob. 20RQCh. 7 - Prob. 1ECh. 7 - Prob. 2ECh. 7 - Prob. 3ECh. 7 - Prob. 4ECh. 7 - Prob. 5ECh. 7 - Prob. 6ECh. 7 - Prob. 7ECh. 7 - Prob. 1DQCh. 7 - Prob. 2DQCh. 7 - Prob. 1EDM
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Similar questions
- Write a summary on how you would assign people and rands to each activity mentioned in the WBSarrow_forwardIn the business you just audited, asset management was poorly understood, and so its importance was not recognized. What can you do with your asset management knowledge and experience to instruct management?arrow_forwardWrite an overview of how you'd assign people and rands to each of the WBS's activities.arrow_forward
- As Charlie wrapped up the meeting, he ticked off a few key reminders for everyone involved in the asset identification project. “Okay, everyone, before we finish, please remember that you should try to make your asset lists complete, but be sure to focus your attention on the more valuable assets first. Also, remember that we evaluate our assets based on business impact to profitability first, and then economic cost of replacement. Make sure you check with me about any questions that come up. We will schedule our next meeting in two weeks, so please have your draft inventories ready.” Will the company get useful information from the team it has assembled? Why or why not?arrow_forwardWhen a salesperson's annual earnings surpass a certain threshold, they are eligible for additional compensation in the form of bonuses. Who exactly would be receiving a bonus, and how much would it be? How can I accomplish this in Excel?arrow_forwardIf the salesperson's total for the year is higher than a certain threshold, they are eligible for bonus compensation. Who would be receiving a bonus, and what would the amount be? How do I make this happen in Excel?arrow_forward
- What is the process for establishing standard costs? How can cost variance analysis help managers assess performance?arrow_forwardWhich of these is false about the opportunity statement? 1. Opportunity statement collects product ideas into opportunity funnel 2. Opportunity statement is brief description of product development idea 3. Opportunity statements for derivative and maintenance products summarize mass changes 4. None of the mentionedarrow_forwardA manager of operations was quoted stating, "My boss doesn't care about my opinions; all he wants me to do is keep the peace. There is a severe lack of available capital, which prevents me from making necessary upgrades to my firm."Does the firm have a strategy for how it will run its day-to-day business?b) What should be done in this situation?arrow_forward
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