Potential Problems with Selling Products Online | Exam Answer

Potential Problems with Selling Products Online

Question

A company is considering selling products online, and the CIO has been asked to advise the board of directors of potential problems with this strategy.

Which of the following would be the CIO's BEST course of action?

Answers

Explanations

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A. B. C. D.

B.

In this scenario, the CIO has been asked to advise the board of directors on potential problems with a new business strategy - selling products online. Therefore, the CIO's best course of action would be to perform a risk assessment.

A risk assessment is a process that identifies, analyzes, and evaluates the potential risks associated with a new business strategy. It involves identifying potential threats and vulnerabilities, assessing the likelihood and impact of these risks, and developing strategies to mitigate or manage them.

Performing a risk assessment will help the CIO to identify potential risks and provide the board of directors with a comprehensive understanding of the risks associated with the new strategy. This will enable the board to make informed decisions about the viability of the new strategy and whether the potential risks can be managed effectively.

While reviewing the security framework, conducting a return on investment analysis, and reviewing the enterprise architecture may be important steps in implementing an online sales strategy, they are not the best course of action for the CIO in advising the board of directors on potential problems. The primary concern at this stage is to identify potential risks, which can be achieved through a risk assessment.