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5.4.2 The potential impact Technical Change in Organizations Fill in the BlanksVersión en línea
Test your knowledge on the benefits and drawbacks of technical change in organizations!
1
management
revenue
impact
sustainability
trust
sales
organisations
employees
strategies
loyalty
investors
compliance
risks
financial
customers
reputation
community
consequences
penalties
operational
stakeholders
The
potential
of
identified
on
the
and
their
can
be
significant
.
Risks
can
affect
various
aspects
of
an
organisation
,
including
stability
,
,
efficiency
,
and
regulatory
.
Stakeholders
,
such
as
,
,
,
and
the
,
may
experience
direct
or
indirect
from
these
risks
.
For
instance
,
financial
losses
due
to
operational
risks
can
lead
to
layoffs
,
affecting
employees
and
their
families
.
Similarly
,
a
damaged
reputation
can
result
in
decreased
customer
and
,
impacting
and
.
Furthermore
,
regulatory
compliance
failures
can
lead
to
legal
,
affecting
not
only
the
organisation
but
also
its
stakeholders
.
Therefore
,
it
is
crucial
for
organisations
to
identify
,
assess
,
and
mitigate
risks
proactively
to
safeguard
their
interests
and
those
of
their
stakeholders
.
By
implementing
effective
risk
,
organisations
can
enhance
resilience
,
maintain
stakeholder
confidence
,
and
ensure
long
-
term
.
2
carried
day
Loss
stolen
corrupted
backed
backup
information
restored
lost
organisation
Data
and
being
or
so
that
it
can
no
longer
be
used
.
If
an
has
their
data
and
information
up
,
then
it
can
be
in
a
.
However
,
whatever
has
been
out
since
the
last
that
can
be
used
,
will
be
.
3
compromised
confidence
data
compensation
financially
business
bankrupt
orders
security
cyber
sales
lost
Financial
?
when
and
information
is
or
corrupted
,
a
can
suffer
.
This
can
be
due
to
the
loss
of
and
invoices
,
as
well
as
the
cost
of
?
person
hours
?
for
the
lost
work
and
for
carrying
out
the
restore
and
recovery
process
.
If
customers
?
personal
data
is
,
then
the
organisation
will
legally
be
required
to
pay
.
This
can
result
in
thousands
of
pounds
being
paid
out
and
,
in
some
instances
,
organisations
have
been
known
to
go
for
this
reason
.
In
addition
,
organisations
have
increased
costs
as
they
must
improve
the
of
their
systems
and
technology
.
Any
attack
can
create
a
situation
where
the
customers
lose
in
the
business
and
this
can
result
in
a
loss
of
.
Customers
and
suppliers
may
lose
out
financially
as
their
information
is
obtained
by
.
4
cyber
lost
Reputational
business
attack
negative
stability
suppliers
impact
customers
trustworthy
data
?
when
a
has
been
the
target
of
a
,
and
and
information
has
been
or
stolen
,
there
will
invariably
have
a
on
the
reputation
of
the
business
.
The
business
will
not
be
considered
by
and
/
or
and
the
of
the
company
to
function
will
be
reduced
.
Customers
may
change
to
another
supplier
and
suppliers
may
refuse
to
supply
the
business
with
the
goods
required
to
function
.
5
data
suppliers
Operational
time-consuming
customers
attack
functions
Disruption
cyber
installation
organisation
reinstalled
restored
impact
business
?
when
has
to
be
due
to
a
,
there
is
invariably
an
on
the
operation
of
the
.
The
of
data
and
information
can
be
.
In
addition
,
organisations
rely
on
data
to
carry
out
their
,
whether
this
is
internally
or
externally
with
and
.
Until
the
data
is
,
the
business
is
on
hold
.
6
business
sector
heat
customers
utility
cyber
financial
impact
Commercial
organisation
attack
severity
function
activities
consequences
?
the
biggest
for
any
of
a
is
the
impact
on
its
day
-
to
-
day
.
Depending
on
the
type
of
attack
,
the
business
may
not
be
able
to
at
all
.
The
of
the
impact
depends
on
the
business
.
If
a
company
were
unable
to
function
due
to
a
cyber
attack
,
then
the
could
be
extremely
severe
,
not
only
from
a
point
of
view
to
the
business
,
but
for
their
who
could
be
without
and
light
for
long
periods
of
time
.
7
enquiry
risks
Côte
company
managers
products
warehouse
customers
procurement
technology
import
UK
commercial
d
implementation
director
strategy
benefits
audience
office
farmers
meeting
value
functionality
website
producers
quality
cocoa
stakeholders
drawbacks
marketing
finance
A
has
started
up
a
business
to
from
the
?
Ivoire
.
The
Côte
d
?
Ivoire
is
a
country
situated
in
north
-
west
Africa
and
it
is
well
known
for
being
one
of
the
largest
cocoa
in
the
world
.
The
business
has
links
with
the
cocoa
who
own
the
cocoa
plantations
.
The
business
has
working
in
:
Côte
d
?
Ivoire
,
Russia
,
UK
,
EU
.
The
business
has
an
and
a
.
Within
the
office
there
is
the
of
the
company
,
a
department
,
department
,
department
and
administration
staff
.
The
warehouse
has
a
warehouse
manager
and
the
employees
who
receive
the
cocoa
products
from
the
Côte
d
?
Ivoire
into
the
warehouse
and
despatch
them
to
the
locations
identified
by
the
commercial
managers
in
each
of
the
areas
.
The
business
has
a
which
promotes
the
products
,
and
an
form
for
to
complete
to
request
information
on
the
cocoa
products
and
the
prices
.
Recently
the
director
had
a
with
the
commercial
managers
who
travelled
to
the
UK
to
discuss
expanding
the
digital
available
to
enhance
the
of
the
business
.
You
work
for
an
IT
development
company
and
have
been
asked
to
produce
key
information
for
the
director
:
How
the
key
areas
within
the
organisation
can
use
technology
to
improve
the
functionality
of
the
business
while
meeting
the
needs
of
the
and
customers
,
as
well
as
ensuring
the
of
the
products
/
services
offered
.
How
digital
technology
can
be
used
to
market
the
cocoa
products
to
a
wider
.
How
digital
technology
can
be
used
for
meetings
between
the
director
and
the
commercial
managers
without
them
having
to
travel
to
the
UK
or
other
destinations
.
The
and
of
implementing
digital
technology
.
The
,
constraints
and
dependencies
involved
of
implementing
digital
technology
.
An
overview
of
how
the
of
digital
technology
can
add
to
the
business
.
An
overview
of
the
risks
involved
of
implementing
a
digital
technology
.
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