Unit 12 P4 And M2

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Unit 12 (p4&m2) Explain the operational risks for a business organisation operating online * web-site updating * Liability for wrong or out-of-date information. * language problems with global customer base * hardware and software failures * loss of data * global business regulations * Payment security * Potential use of personal information * Unfamiliar trading conditions M2: 1. Website updating could be a disadvantage as a staff member would have to do this but it could be an advantage as information could reach the customers much faster when prices or goods sold change. 2. Having to be liable is important for the staff but can be an disadvantage for the company as they
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