Where do a company’s most valuable assets come from? Do their most valuable assets come from their people, the information their people know about how to operate the business, their technology (e.g., computers, servers, and networks), or the data collected and stored about the company and customers? Based on your thoughts, where should a company focus its primary security systems and policies?
Sample Solution
A company’s most valuable assets come from many sources. People are a company’s biggest asset, as they are the ones who determine its success or failure. Without their knowledge and expertise, a business cannot grow and thrive. Additionally, information is an invaluable resource; it informs decisions and enables businesses to perform better in the marketplace. Technology such as computers, servers, networks, and software enable companies to share data quickly and easily across multiple locations while also providing access to critical systems. Finally, data collected about customers allows companies to personalize their customer service experience by understanding preferences and behaviors of their target market.
Sample Solution
A company’s most valuable assets come from many sources. People are a company’s biggest asset, as they are the ones who determine its success or failure. Without their knowledge and expertise, a business cannot grow and thrive. Additionally, information is an invaluable resource; it informs decisions and enables businesses to perform better in the marketplace. Technology such as computers, servers, networks, and software enable companies to share data quickly and easily across multiple locations while also providing access to critical systems. Finally, data collected about customers allows companies to personalize their customer service experience by understanding preferences and behaviors of their target market.
