Case Study 2 MIS
Assignment 1: Discuss case 9.2 HSBC Combats Fraud in Split-second Decisions.APA Format 600 Words, 2-3 references.pg # 329Questions1. Analyze the reasons to invest millions of dollars to detectand prevent fraudulent transactions. In your evaluation,do a costbenefi t analysis to show why the investmentcost is worthwhile.2. Review the two outcomes of the fraud scenario. Assessthe business implications of each of the following twogoals. Explain why these goals are confl icting.a. To minimize rejecting legitimate purchases by authorizedcustomersb. To minimize the risk of making customers victims offraud3. The Fraud Management solution is based on a scoringmodel. For example, assume the scores range from 1 to10, with 10 being the highest probability that the transactionis fraudulent. What cutoff score would you use todecide to approve a purchase? What cutoff score wouldyou use to decide not to approve a purchase? If thosecutoff scores are not the same, how do you suggestthose falling between scores be treated?4. Why are approval decisions made in a split second? Wouldcustomers tolerate a brief delay in the approval process ifit reduced their risk of identity theft? Explain your answer.5. Research ATM or other banking transaction fraud. Howhas a fi nancial fi rm been defrauded or harmed?Assignment 2: Discuss case 13.2 Steve Jobs’ Shared Vision Project Management Style.APA Format 600 Words, 2-3 references.Pg # 436Questions1. Steve Jobs shows the importance of people skills. ExplainJobs way of motivating people. For example, did he tryto get everyone to like him? Did he try to get everyone toget along with each other?2. Why did Jobs approach to project management work sowell for him?3. What lessons can project managers learn from Jobs?4. Research Steve Jobs management style from reputablesources. What did you learn about how people reacted toJobs style?5. Create a checklist of effective project managementpractices.