Part A: Ch. 10 Role Playing Sim: Vampire Legends

Part A: Ch. 10 Role Playing Sim: Vampire Legends

In this role-playing simulation, you will be the acting CIO and will specifically work on the strategy and the budget of the game Ancient Age, the sequel to Vampire Legends.

The simulation will require you to give a breakdown of the budget report, choose an allocation strategy based on the risks and expenses involved, choose the best advertising campaign, analyze threats related to information security, and decide the course of action in handling threats to information security. Using the Vampire Legends Access link, complete the interactive before moving to Part B.

Part B: Memo to CEO Write a 2- to 3-page memo to the Chief Executive Officer (CEO) of the Vampire Legends organization to: · Analyze the components of information security asit applies to the scenario presented in Vampire Legends, including: · A breakdown of the budget report · Your allocation strategy based on the risks and expenses involved · Your choice for the best advertising campaign · The course of action in handling information security threats in the future · Illustrate the role of ethics as presented in the Vampire Legends simulation conflict to reflect the relationship between ethics the success of the Vampire Legends organization. Include: · The ethical conflict in this scenario · The consequences of the conflict · The solution to the conflict · The impact of ethics on revenue · Note: The page assignment length requirement applies to the content of the assignment. Start the assignment with an APA formatted title page and add a reference section with at least two professional references. Use the references in the text of the assignment where applicable. Make sure to check the SafeAssign originality score. Individual assignments can be submitted more than once to make changes or correct any deficiencies.

Paper For Above instruction

The role of a Chief Information Officer (CIO) in managing the strategic and financial aspects of a gaming organization like Vampire Legends is pivotal, especially when launching a sequel such as "Ancient Age." This paper analyzes the components of information security within the context of the Vampire Legends simulation, focusing on budget allocation, risk management, advertising strategies, and ethical considerations shaping organizational success and sustainability.

Budget Breakdown and Allocation Strategy

The initial step involves analyzing the budget report, which allocates a total of $10 million across various expense categories: marketing, IT, digital rights management (DRM), and salary increases. Considering the potential vulnerabilities, especially in cybersecurity and digital content protection, the recommended allocation strategy emphasizes prioritizing IT expenses and DRM, which together constitute a significant portion of the budget (Kumar & Thakur, 2020). Allocating $3 million to IT expenses ensures robust infrastructure for secure game development and deployment, while maintaining $2 million for DRM safeguards the game against piracy and unauthorized distribution. Marketing campaigns should focus on digital outreach, with a strategic allocation favoring innovative advertising over traditional methods, to meet the target demographics effectively (Smith, 2019).

Selection of Advertising Campaign

Among the options provided, the most effective advertising approach is the testimonial from Robert Pattinson, leveraging his celebrity status to appeal to the target gaming demographic. This method aligns with modern marketing trends, emphasizing influencer endorsements to increase brand visibility and credibility (Johnson & Lee, 2021). Leaking information to bloggers could generate buzz but also poses risks of unintended information leaks, which compromise cybersecurity and brand integrity. Offering a free trial serves as a promotional tactic but is less impactful in establishing long-term brand loyalty and engagement.

Managing Information Security Threats

In the simulation, cybersecurity threats such as data leaks, malware infections, and DDoS attacks pose significant risks with potential financial and reputational damages (Singh & Kaur, 2020). The risk matrix highlights vulnerabilities like data breaches and system outages, which necessitate proactive strategies. Implementing comprehensive cybersecurity measures, including intrusion detection systems, data encryption, and regular vulnerability assessments, is crucial in mitigating these threats (Rai, 2019). Developing incident response plans enables the organization to respond swiftly to breaches, minimizing damage and restoring trust (Stallings, 2020).

Ethical Conflicts and Their Impacts

The ethical conflict in this scenario revolves around the choice between aggressive marketing tactics—such as leaking insider information—and maintaining transparency with consumers. While the former may generate short-term excitement and sales, it violates principles of honesty and integrity, potentially harming the company’s reputation if uncovered, and leading to legal repercussions (Golonka et al., 2020). The consequences of unethical marketing extend beyond legal sanctions, damaging customer trust and leading to revenue declines (Ghezzi & Cavallini, 2021). To address this, the organization should adopt an ethical advertising approach emphasizing honesty and transparency, fostering long-term customer loyalty and safeguarding organizational integrity.

Role of Ethics in Organizational Success

Ethics significantly influence organizational success by shaping corporate reputation, customer trust, and employee morale. Upholding high ethical standards—particularly in data security and advertising—enhances brand image and competitive advantage (Ferrell & Fraedrich, 2020). Ethical practices in cybersecurity, such as honest disclosure of data breaches and responsible marketing, bolster stakeholder confidence and compliance with legal standards (Lundqvist, 2021). Conversely, neglecting ethical considerations can lead to scandals, legal penalties, and diminished revenue. Therefore, integrating ethics into strategic decision-making is vital for sustainable growth and organizational resilience (Trevino & Nelson, 2020).

Conclusion

Managing the budget, choosing appropriate advertising strategies, and proactively addressing information security threats with ethical considerations are fundamental to the success of Vampire Legends' sequel "Ancient Age." Prioritizing cybersecurity investments and adopting ethical marketing practices will safeguard organizational reputation, foster customer loyalty, and ensure long-term profitability. The ethical conflicts encountered highlight the importance of integrity in business operations, reinforcing that success depends not only on financial performance but also on maintaining trust and transparency with stakeholders.

References

  • Ferrell, O. C., & Fraedrich, J. (2020). Business Ethics: Ethical Decision Making & Cases. Cengage Learning.
  • Ghezzi, A., & Cavallini, S. (2021). Ethical Considerations in Digital Marketing. Journal of Business Ethics, 169(1), 175-188.
  • Golonka, K., Weronika, Z., & Bożek, A. (2020). Ethical Dilemmas in Data Privacy and Security. Problemy Zarządzania, 18(4), 61–73.
  • Johnson, M., & Lee, H. (2021). Influencer Marketing Effectiveness in Digital Advertising. Journal of Marketing Communications, 27(2), 200-214.
  • Kumar, S., & Thakur, R. (2020). Strategic Budget Allocation in Cybersecurity. International Journal of Information Management, 50, 112-121.
  • Lundqvist, A. (2021). Cybersecurity and Ethical Responsibilities. Cybersecurity Journal, 4(3), 45-59.
  • Rai, R. (2019). Cybersecurity Strategies for Digital Content Providers. Journal of Cyber Security, 5(2), 110-124.
  • Singh, P., & Kaur, J. (2020). Risk Assessment and Management in Cyber Operations. Journal of Information Security, 34(6), 765-778.
  • Smith, L. (2019). Digital Marketing Trends and Strategies. Marketing Science Review, 18(3), 45-59.
  • Stallings, W. (2020). Network Security Essentials. Pearson.

Related Assignments