Define risk as it pertains to marketing.
Definition should state that risk is the likelihood that a vulnerability will occur and that a loss occurs when that vulnerability is exploited.
Students should identify examples of risks in the marketing world.
Process/Skill Questions:
- How are marketing plans vulnerable to cybersecurity concerns?
- Who are marketing cyber stakeholders for an organization?
- What aspects of daily marketing plans are motivated by cybersecurity concerns?
- How do risks for vulnerability affect the marketing plan and the company’s brand protection?
- How can an individual manage risk?
- How can marketing activities create vulnerabilities to potentially compromise marketing information?