
Concept explainers
Case Summary:
Visa's top-secret Operations Centre East (OCE) is the biggest, newest, and most advanced U.S. Data Centre. Rick Knight, senior vice president at Visa and formerly the head of global operations and engineering, is responsible for its security and functioning. The precautions are taken due to three major reasons,
- Hackers are increasingly savvy
- Data is an increasingly desirable black-market commodity
- The best way to keep itself safe is with an information network in a fortress than instantly responds to threats.
Visa processes more than 91.6 billion electronic payments from around the globe in a year's time. Visa's system connects up to 2.2 billion debit and credit cards, millions of acceptance locations, 2.1 million ATMs, and 14,400 financial institutions. Visa, which completes an annual 'stress test' of its system in preparation for the holiday season, recently processed a peak volume of 56,000 messages per second. So what seems to us a simple swipe of a card or keying in our card numbers on an online transaction actually triggers a robust set of activities including the basic sales transaction processing, risk management, and information-based service.
Although hackers are a primary concern, OCE also worries about network capacity. Currently maximum capacity is currently at 56000 transactions per second. If the network goes over that capacity, the network wouldn't just stop processing one message, it would stop processing all of them. OCE is described as a "Tier-4" centre, which is a certification from a data centre organization. To achieve that certification, every (meaning every) mainframe, air conditioner, and battery has a backup.
Characters in the case:
Rick Knight, Senior Vice President Visa
Adequate information:
Prisons are easier to enter than Visa's OCE!
To explain:
The reason behind necessity of managerial controls of this high level.

Want to see the full answer?
Check out a sample textbook solution
Chapter 14 Solutions
Fundamentals of Management (10th Edition)
- Business Process Reengineering One of the world’s most successful sports apparel companies is Nike, Inc. (Nike, n.d.). Nike re-engineered its value chain by keeping high-value knowledge-intensive activities in the US such as design and marketing and using overseas manufacturing to produce its shoes and clothing. However, instead of engaging foreign direct investment to build and operate its clothing manufacturing facilities, Nike further re-engineered its value chain by relying on third-party contractors to produce Nike products. Thus, Nike’s owned activities are streamlined allowing Nike to consistently earn high returns. Business process reengineering is a collection of processes to improve business performance by changing, dropping, or reordering the processes by which tasks are accomplished. Please conduct some research or share an example that you witnessed of either successful or unsuccessful business process reengineering. Explain why the reengineering was successful or…arrow_forwardPick a country, organiztion and product and explain this: Country Background: Provide a brief overview of the country you have chosen and why you think it will be a good location for the organization to manufacture the proposed product. Corporate Social Responsibility (CSR): You have noted the organization is making inroads with sustainability efforts in the US and you know this needs to be carried out in the expansion as well. Describe any CSR efforts your expansion will take on in the expansion country with explanations connecting this decision with expected benefits from this action. Corporate Ethics: Discuss any ethical issues you anticipate with either company operations or country behavior and how you would mitigate these issues.arrow_forwardFor the UK "University of wales trinity saint david" university as company as extended brand, follow the image as ques with a detailed as explanation , vast explanation.arrow_forward
- I need more thousand word details as For the UK "University of wales trinity saint david" university as company as brand, follow the image with a detailed, vast explanation.arrow_forwardAssume you are a member of the ethics committee. Define the problem. What is the ethical question. Provide a summary of the case. What is your gut reaction to the case. What is your first reaction.arrow_forwardFor the UK "University of wales trinity saint david" university as company as brand, follow the image with a detailed, vast explanation.arrow_forward
- For each of the five sentences below, there may be error in punctuation, grammar or spelling. Select the option that best describes the type of error seen. If the sentence is correct as it stands, select No error. Error in punctuation Error in grammar Error in spelling No error 1 The relationship that matters most in the life of a -------- is the one between him and his constituency. Select one: a. captain b. politician c. manager d. judge All of these sweaters are extremely --------- by the local residents of a small Scottish island. Select one: a. well-knit b. well-founded c. well-worn d. well- made The government was warned ---------- indulge in too much borrowing this year. Select one: a. not to b. to not c. never d. do not 4 I do not believe that this preposterous scheme is ---------- of our serious consideration. Select one: a. Worthless b. worth c. worthwhile d. worthy You are being thoroughly --------- in refusing to allow this ceremony to take place. Select one: a.…arrow_forwardFor UK Jollibee Healthy Bites, gives detailly with follow the immagearrow_forwardI'm a senior majoring in Business Management at University. Weakness: Responsible for my High School’s Yearbook - Situation: - Task: - Action: - Result:arrow_forward
- I'm a senior majoring in Business Management at University. Accomplishment: Received Perfect Attendance Award at High School - Situation: - Task: - Action: - Result:arrow_forwardI'm a senior majoring in Business Management at University. Accomplishment: Performed all 4 years in my High School’s Talent Show - Situation: - Task: - Action: - Result:arrow_forwardI'm a senior majoring in Business Management at University. Mistake: Took 5 AP Classes at High School - Situation: - Task: - Action: - Result:arrow_forward
- Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill EducationManagement (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSONSpreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
- Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSONBusiness Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSONFundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON





