Security Management Research Paper Example | Topics and Well Written Essays - 4250 words - 1

Security Management - Research Paper Example This evaluation is often referred to as Return on Investment (ROI) in finance. The Return on Investment is calculated by: The concept of Return on Investment is applicable to all investments in an organization. Security sector of an organization is never an exception. The executive decision makers of organizations often have the interest to know the impact of security on the bottom-line operations of the firm. It is imperative to know how much the lack of security in an organization costs the firm before deciding on the amounts of capital to invest on security. The firm thereafter decides on the most cost effective solutions to its security woes. When applied to the security sector of the firm, a Return on Security Investment (ROSI) calculation provides quantitative answers to a firm’s essential financial questions. The Return on Security Investment aids the organization to determine if it spends too much on its security bids. It informs the organization on the financial impact on productivity that the lack of security could cause. Additionally, Return on Security Investment calculation aids the firm’s management to know the extent to which the security investment is enough (Bruce, 2008). Finally, ROSI gives the firm an overview on the benefits of the security product or system. This task looks at security management issues, dissecting aspects of ROSI with reference to Blackberry Company. Blackberry Company is a Canadian wireless equipment and telecommunication company with a reputation of developing Blackberry brands of tablets and hand-held phones. The company was originally known as Research in Motion (RIM). The company’s dominance in the United States market once stood at 43% of the market share. This dominance has precipitously declined in the recent past due to intense competition from Google’s Android and Apple’s iPhone brands. By 2013, the company’s US

Sears Case Study Example | Topics and Well Written Essays - 750 words

Sears - Case Study Example The accusations brought against the company were considered to be quite grave and fatal owing to its impact on the reputation and business of the company. The request for reviving the case of Francis Latanowich prompted a review of the case by Judge Carol Kenner which revealed few facts that proved to act against the actions of the company. It was found from the further evaluation that the company mailed the security guard an offer according to which a payment of $28 each month made by the individual would prevent the company from reclaiming the goods that were purchased by Francis Latanowich before turning bankrupt. The act of influencing the debtors to enter into such agreements was known as reaffirmations and is considered to be lawful. Such kinds of agreements are considered to be quite common in the business of retail credit, however, it is perceived to be an unethical behavior by numerous judges. In addition to this, it was made mandatory for credit companies to file those reaf firmations with their respective courts for the reason of evaluating the potency of the debtor by the judge with regard to the fresh payment. The affirmation of Francis Latanowich was not found to be filed by the court and an explanation for such a conduct was demanded from the company by Judge Kenner. This proved to be the other breach that was made by the company. The company was also found to pay no heed to the law in quite a few similar cases that were considered to be illegal. Such grave accusations against the company and the violations of law made by the company called for huge losses as well as adverse reputation for it which would hamper its business operations in the future. The company was already stated to be suffering from huge losses owing to the increasing cases of personal bankruptcies that occurred from 1994 to 1998. In accumulation of the already existing losses, the fresh losses or charges incurred by the company due to violations and unethical practices would pro ve devastating for the survival of the company (Eugene D. Fanning Center For Business Communication, 2010). Recommendations The company should send out a letter of apology to its existing customers through electronic mails as well as through print media entailing newspapers. The company should also make an apology to the public and accept its responsibility regarding the unfortunate event through a press conference. It is