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Exam (elaborations)

SEP3702 Assignment 2 2024| Due 20 Sept 2024

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SEP3703 Assignment 2 ASSIGNMENT TASK: USE THE CASE STUDY BELOW TO ANSWER QUESTION 1. THIS IS AN ESSAYTYPE QUESTION. QUESTION 1 CASE STUDY You are the security manager of a large and well-known company which supplies vehicle parts to most car part depots as well as directly to the public. The company where you are employed is suffering severe losses as a result of stock shrinkage. You decide to recommend to your client that he purchase an electronic marking system that would be activated should vehicle parts and accessories be removed unlawfully from the premises. The cost of the marking system is R200 000. Furthermore, laptop computers at the head office of your client’s organisation are repeatedly being stolen. During the last financial year, 10 laptops were reported stolen. You suspect that some of the staff members have been taking their office laptops to give to their own children, who are university students.

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Uploaded on
September 8, 2024
Number of pages
15
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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1



Table of Contents



Introduction ........................................... 2

Executive Summary ................................... 2

Background ............................................ 3

Security Risk Analysis ................................. 4

Current Security System Evaluation .............. 5

Recommendations ..................................... 6

Implementation Plan .................................. 7

Evaluation and Monitoring ........................... 8

Conclusion ............................................... 9

Appendices .............................................. 10

References ............................................. 14

, 2



INTRODUCTION


In today's business world, keeping track of and protecting valuable assets is very
important. In this case study, a company that sells vehicle parts is facing significant
problems with stolen goods and laptops. To help solve these issues, a suggestion has
been made to buy an electronic marking system that costs R200,000. This system will
help prevent theft of vehicle parts and accessories, as well as laptops.


My questions and answers will look at five key areas to consider when calculating the
costs of the new marking system. We will break down these costs into:


Initial Cost of the marking system and this is the cost of buying and setting up the
system.
These are the ongoing costs to keep the system running each year.
Cost of lost or stolen Items which includes the cost of replacing stolen items and any
other losses from the thefts.
These are the costs to train employees on how to use the system and to set it up
properly.
This will calculate how much profit or savings the company can expect from investing in
the new system, based on a 30% ROI goa

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