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Wide spread access to sensitive information can be beneficial or it can be a problem for organizations. Read the following case study

Read the case study: Kaiser Permanente: A Crisis of Communication, Values, and Systems Failure (pages 402-408 in the textbook): Answer the following questions:

PLEASE NOTE: The last question is different from the one in the book. ANSWER these four completely!

Kaiser Permanente: A Crisis of Communication, Values, and Systems Failure

Questions for Discussion

  1. Do you think a company-wide e-mail was the best way for Justen Deal to express his concerns about the HealthConnect system? Why or why not? If not, how should he have handled the situation?

2. Are there any concerns about top company executives personally investing in company vendors? Explain. Imagine that you were the director of IT at Kaiser Permanente. What would you have done about the e-mail sent to employees? Do you think it was right for IT to remove the e-mail from the system? Why or why not?

3. What responsibility, if any, should Kaiser Permanente have taken over the actions of its third-party outsourcers with regard to the protection of private patient data? Explain your answer.

4. In your opinion, how well did Kaiser Permanente manage the crisis of Justen Deal’s Health Connect e-mail? Should Deal have been terminated? Why or Why not? In your opinion (ethically), did Deal have a right/obligation to escalate the issues of the new system? If the Sarbanes-Oxley Act protects whistleblowers, should Deal have been protected under those provisions? Why or why not?

 
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Given the following situations, kindly identify the potential legal problems you will face:

  1. You are the project manager for a systems engineering company. Your company has been contracted by another company to conduct some tests. This contract calls for additional safety testing to ensure that the systems work properly. The contract stipulated that it was your company to pay for this expensive additional testing. However, your CEO reminds you that your company is in financial trouble and asks you to skip the extra testing and falsify the paperwork by saying that the testing had occurred and that the systems passed. He then goes on to tell you that if you don’t sign off on the testing, you will be fired.

Kindly format your answers for each question as follows:

1. –

 
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A company is currently funding a $500,000,000 liability at the overnight rate and approaches Citigroup to swap that into a 3-month fixed rate exposure via an OIS swap.

a Which of these statements is not correct for this scenario?
O The geometric average overnight rate multiplied by $500,000,000 is the total interest expense the company incurs, which is exactly what it will receive from the bank in the OIS swap
O The bank will quote the 3-mo fixed rate it will receive from the company, but the bank will know only at the end of the 3-month period what geometric average overnight rate it will have to pay to the company
O If the geometric average overnight funding rate turns out to be lower than the 3- mo fixed rate quoted by the bank, then the company financially benefits from having done the OIS swap
O The geometric average overnight rate is always going to be lower than the arithmetic average of that same rate

 
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