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The economy is driven by data ~ Data sustains an organization's business processes and enables it to deliver products and services

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The economy is driven by data ~ Data sustains an organization's business processes and enables it to deliver products and services. Stop the flow of data, and for many companies, business comes quickly to a halt. Those who understand its value and have the ability to manage related risks will have a competitive advantage. If the loss of data lasts long enough, the viability of an organization to survive may come into question. 

  • What is the significant difference between quality assurance & quality control? Explain
  • Why is there a relationship between QA/QC and risk management? Explain
  • Why are policies needed to govern data both in transit and at rest (not being used - accessed)? Explain

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Answer:

What is the significant difference between quality assurance & quality control?

  • The primary difference between these two terms significantly lies on their specific usage, however both of them have the same goal which is to enhance and maintain the quality of the product or service. Quality assurance is a quality management process performed by the organization avoid product defects that can affect the overall operation of company, in simpler terms it is concerned how a certain process or product is made and the level of quality of the product or service have achieved, whereas Quality Control is the inspection part of the quality management where products or services are closely inspected to determine if the quality that have been set is achieved. Quality assurance and quality control are used together to improve the overall quality of the product intended to address customer expectation. In simpler terms, quality assurance are focused on the assessment of processes and systems which aims to reduce the production of defective products. The results of these assessment are used by the top level management to make strategic decisions to improved the processes and systems. On the other hand, quality control intends to measure the number of quality products based on set of standards

 

 

Why is there a relationship between QA/QC and risk management? Explain

  • There is a direct connection between quality assurance / quality control and risks management. To fully understand their relationship let us first discuss the concept of risk management. Risk Management is an initiative by the organization to identify and address emerging risks and implementing set of process that will ensure the organization will able to mitigate the consequences of these risks which can affect the goals and objectives of the organization. Having this into consideration since both Quality Assurance and Quality control are both aimed to enhance and maintain the quality of the product or service being delivered it is crucial to integrate the risks management in all aspect of business processes. As such risks and threats can greatly affect the attainment of goals and objectives which then directly affects the product output and quality. Risk management is now considered as the "new face of lean quality assurance".

 

Why are policies needed to govern data both in transit and at rest (not being used - accessed)? 

  • Data collection and analysis provides a lot of benefits to an organization and business. Using this information allows companies and businesses to manage their resources efficiently, save costs, valuable input for product/service development, greater lead generation, gives an overview of the global market trends and provides useful insights to the customers and stakeholders that can be used for customized marketing strategy. Having this into consideration data either in rest or in motion should be protected since it can provide value to the company and can be used against them. Policies governing data at rest aims to protect these vulnerable data since attackers find this data an attractive target since majority of the organization place weak security over these data. An ideal solution to this is to implement encryption which a proven method to protect data at rest.

References:

  • Risk Management: A Primer for Lean Quality Assurance. (n.d.). MasterControl. Retrieved November 7, 2020, from https://www.mastercontrol.com/gxp-lifeline/risk-management-a-primer-for-lean-quality-assurance/#:%7E:text=Risk%20management%20is%20the%20new%20face%20of%20lean%20quality%20assurance.&text=The%20installment%20includes%20an%20overview,development%2C%20routine%20manufacturing%20and%20monitoring

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