In: Operations Management
Out of the 4 issues in collaborative design, which do you think presents the most risk for a company? Why?
4 issues include:
1. update issues
2. data translation and repair issues
3. internet security and legitimacy issues
4. speed issues
4 issues include:
1 Update issues
2. data translation and repair issues
3. internet security and legitimacy issues
4. speed issues
Answer: "Internet security and legitimacy issues" is the most critical and is a high risk for the companies.
Explanation: Let us take the context of a website, and break this down into security and legitimacy aspects.
Security: Websites are the virtual stores for the companies. Today there is no geographical restriction for accessing particular companies' websites, While companies are trying to penetrate and have presence access to the globe through their website, there is an increasing threat of hackers and data theft. Especially to those websites that deal with user data or any other such sensitive data are at stake!
Legitimacy: This could be in 2 ways. Companies trying to communicate false information through their website is one and websites copying the content from other websites is the second issue. In the first case if someone is trying to communicate false information it could be the product they are offering or wrong stats or wrong news etc, eventually, things will come to an end as in today's era of Millenials, social media is a potent tool to spread the news that will ruin the reputation and brand image. The second issue with plagiarism is much more serious as the search engines are smart enough to blacklist the website which has the copied content. And it will eventually lead to a copyrights issue, thereby a chance that you give the original content owner for proceeding legally!
Conclusion: Both the above issues play a vital role in bringing down the brand image, reputation, and trust which is the most important as companies work really hard to build trust among their internal and external stakeholders.