Prepare a 2 to 3-page APA formatted written report in response the Spring Street Company (SSC) scenario posed in question # 4 of the Analyze and Decide section on page 107 of the textbook. Your report should address these three (3) questions :
1. How should SSC prepare for an ERM if it decides to implement one?
2. Using the data collected by Sam, create a spread- sheet that calculates the costs of handling paper at SSC based on average hourly rates per employee of $28. Add the cost of lost documents to this. Then, add the costs of warehousing the paper, which increases by 10 percent every month due to increases in volume. Present the results showing both monthly totals and a yearly total. Prepare graphs so that Sam can easily identify the projected growth in warehousing costs over the next three years.
3. How can ERM also serve as a disaster recovery system in case of fire, flood, or break-in?
Textbook:
Turban, E., Volonino, L., & Wood, G. R. (2018). Information
technology for management: Digital strategies for insight, action,
and sustainable performance (11 th ed). Wiley Publishing
ISBN 9781118890790