Fundamentals of Management: Essential Concepts and Applications (9th Edition)
Fundamentals of Management: Essential Concepts and Applications (9th Edition)
9th Edition
ISBN: 9780133499919
Author: Stephen P. Robbins, David A. De Cenzo, Mary A. Coulter
Publisher: PEARSON
Question
Book Icon
Chapter 14, Problem 36DQ
Summary Introduction

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,

  1. Hackers are increasingly savvy
  2. Data is an increasingly desirable black-market commodity
  3. 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 controls that would be important to Visa: feedforward, concurrent, or feedback.

Blurred answer
Students have asked these similar questions
mutual friends. She enjoys listening to the opinions of others and seems to get along with most everyone, generally avoiding conflict rather than submitting to others. Dawn credits her ability to communicate well orally (she loves to talk and socialize), get along well with others, and build a consensus, in part, for her landing a position in sales at RelationshipsFirst. Prior to her meeting with Stewart Strong, Dawn asked Taylor if she could meet her for lunch to find out a little more about Stewart and Green Meadows. When Dawn finally arrived for lunch, late as usual, she wasn’t able to learn as much about Green Meadows as she would have liked, but she did learn the following about Stewart. Taylor indicated that Stewart was a good neighbor, but he certainly wasn’t a friendly, outgoing relationship builder such as Dawn. In fact, he tended to be rather cool, tough, and competitive when it came to relationships. He liked to be in charge of people and situations and was not willing to…
The author in “Life Isn’t Fair” writes in a direct tone and the reader feels that they should listen to him because of the way he sounds while getting his point across when making the article. The evidence that is shown: “Fair isn’t a standard to be imposed unless a leader is attempting to impose mediocrity”, sounds super straightforward.      does this sound good?
Discuss the possible change CRM will have in the next 3 years. Also, discuss 3 possible steps a company can take to avoid risks with CRM implementation.
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Text book image
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Text book image
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Text book image
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Text book image
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Text book image
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON