Last week in class, Prof. Rubin talked about social media privacy which covered how we should protect our private information online and prevent sharing our confidential information. Before we talk about this topic, the customer information security was not in my consideration for the business plan at all, however, after this class I realized how important online privacy is. Since the operation of my system would mostly base on information sharing for users, I think it’s really important to secure the users’ confidential information while some of their information is being shared. For security sake, i would rather make the updates from the users anonymous so that we can make sure only the information we need are being shared, or maybe we can convert the user updates into digital data and interpret them in the internal system before they are sent to the individual users. After all, this class really gives me insight about the information security of my customers, and it’s really important.
Another thing we covered in last week s’ class is the excel spreadsheet technique. I found the excel spreadsheet is really useful in doing business especially when dealing with financial information. One thing great about the excel spread sheet is the way it can do the calculation while you plug in data, and this function would help companies to keep track of their financial situations. For my business, I believe if it’s practicable, it will be business that has large number of customers, and the number of transaction would be tremendous. For us to keep track of every transactions and financial activities, excel spreadsheet technique would be needed to make the data very clear and presentable.
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