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Page 1 Kaplan Business School Assessment Outline
Assessment 1 Information


Subject Code: DATA4300
Subject Name: Data Security and Ethics
Assessment Title: Case Study: Monetisation of Data
Assessment Type: Written Assessment
Word Count: 1000 Words (+/-10%)
Weighting: 30 %
Total Marks: 30
Submission: via Turnitin
Due Date: Tuesday 23:55pm (AEST) Week 6

Your Task
• This assessment is to be done individually.
• Students are to write a 1000-word report on the monetisation of data and submit it as a
Microsoft word file via Turnitin on Tuesday week 6 at 23:55pm (AEST).
• You will receive marks for content, appropriate structure and referencing.

Assessment Background

Data monetisation is about using data to create or increase existing revenue. Using direct
monetisation means selling your data to third parties, whereas indirect monetisation is about making
evenue from insights from the data, such as understanding existing customers, gaining new
customers or finding cost savings, business opportunities and avoiding risk.
Source: https:
www.sisense.com/data-monetisation/

Assessment Instructions

Choose one of the following industries,
• Healthcare
• Retail - clothing
• Social Media
• Education
• Motor vehicles
• Fast Foods

Research one example of a business using data monetisation within the industry you chose above
and complete Part A-D.
https:
www.sisense.com/data-monetisation
Page 2 Kaplan Business School Assessment Outline
Part A: Introduction and use on monetisation (350 words, 10 marks)

• Introduce the idea of monetisation.
• Describe how it is being used in by the company you chose.
• Explain how it is providing benefit for the business you chose.
Part B: Ethical, privacy and legal issues (350 words, 10 marks)

• Research and highlight possible threats to customer privacy and possible ethical and legal
issues arising from the monetisation process.
• Provide one organisation which could provide legal or ethical advice.

Part C: GVV and code of conduct (300 words, 7 marks)

• Now suppose that you are working for the company you chose as your case study. You
observe that one of your colleagues is doing something novel for the company, however at the
same time taking advantage of the monetisation for themself. You want to report the
misconduct. Describe how giving voice to values can help you in this situation.

• Research the idea of a code of conduct and explain how it could provide clarity in this situation.
Part D: References and structure (3 Marks)

• Include a minimum of five references
• Use the Harvard referencing style
• Use appropriate headings and paragraphs

You will be given a maximum of two marks for this section.
Page 3 Kaplan Business School Assessment Outline
Important Study Information

Academic Integrity Policy

KBS values academic integrity. All students must understand the meaning and consequences
of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct
Policy.

What is academic integrity and misconduct?
What are the penalties for academic misconduct?
What are the late penalties?
How can I appeal my grade?

Click here for answers to these questions:
http:
www.kbs.edu.au/cu
ent-students/student-policies/.


Word Limits for Written Assessments

Submissions that exceed the word limit by more than 10% will cease to be marked from the point
at which that limit is exceeded.


Study Assistance

Students may seek study assistance from their local Academic Learning Advisor or refer to the
esources on the MyKBS Academic Success Centre page. Click here for this information.
http:
www.kbs.edu.au/cu
ent-students/student-policies
https:
elearning.kbs.edu.au/course/view.php?id=1481
Page 4
Kaplan Business School Assessment Outline
Assessment Marking Guide
DATA4300
Assessment 1

Ru
ic
30
Has demonstrated limited achievement:

Has achieved all or most of:

Introduction and use on monetization
XXXXXXXXXX /10

• Student has omitted several parts
of the task or the content of their
eport is i
elevant.
• Benefits of monetization are
missing or vague.


• Limited research.
• Student has produced a well
integrated and original report on
monetisation for a real company.

• Benefits of monetization are clearly
elated to the case study, practical
and realistic.

• Evidence of deep research into the
topic.

4


4



2
Privacy, ethics and legal issues
XXXXXXXXXX /10
• Student has omitted several
parts of the task or the content
of their report is i
elevant.

• Student has not presented
ideas well or in a unique and
practical way.
• Student has researched the most
important ethical, legal and
privacy issues and

• Student has resented them in a
unique and practical way.

XXXXXXXXXX
= 9



1


GVV and code of conduct

0-2 3-7 /7
• Students only
iefly mention GVV
and general uses.

• The content of their report is
i
elevant and not researched.
• Students explain GVV well and
have some realistic suggestions for
its use.

• Some evidence of research, all
elevant and engaging.
5


2
Structure and Referencing

0-1 2-3 /3
Page 5
Kaplan Business School Assessment Outline

Structure
• Not appropriate for a report
• Does not flow
• No novelty or not engaging
Referencing
• References are missing
• Not relevant
• In text references are not related to
the paragraphs in which they
appear
• Harvard referencing style was
not used


Structure
• Appropriate for a report
• Flows well
• Has novelty and is very engaging
Referencing
• Five or more references are present
• Relevant and clear
• In text references are related to the
paragraphs in which they appear
• Harvard referencing style was used
co
ectly



1



2
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ge
6

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an
B
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s S
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Page 7 Kaplan Business School Assessment Outline


Assignment Submission

Students must submit their individual document via Turnitin on Tuesday of Week 6 at
23:55pm AEST.

This file must be submitted as a Microsoft Word document. Uploaded files with a virus
will not be considered as a legitimate submission. Turnitin will notify you if there is any issue
with the submitted file. In this case, you must contact your lecturer via email and provide a
ief description of the issue and a screen shot of the Turnitin e
or message.

Students are also encouraged to submit their work well in advance of the time deadline to
avoid any possible delay with Turnitin similarity report generation or any other technical
difficulties.

Late assignment submission penalties
Penalties will be imposed on late assignment submissions in accordance with Kaplan
Business School’s Assessment Policy.
Number of
days
Penalty
1* - 9 days 5% per day for each calendar day late deducted from the student’s total
Marks.
XXXXXXXXXXdays 50% deducted from the student’s total marks.
After 14 days Assignments that are submitted more than 14 calendar days after the
due date will not be accepted and the student will receive a mark of zero
for the assignment(s).
Note Notwithstanding the above penalty rules, assignments will also be given
a mark of zero if they are submitted after assignments have been
eturned to students.
*Assignments submitted at any stage within the first 24 hours after deadline will be
considered to be one day late and therefore subject to the associated penalty.

If you are unable to complete this assessment by the due date/time, please refer to the
Special Consideration Application Form, which is available at the end of the KBS
Assessment Policy:

https:
www.kbs.edu.au/wp-content/uploads/2016/07/KBS_FORM_Assessment-
Policy_MAR2018_FA.pdf
https:
www.kbs.edu.au/wp-content/uploads/2016/07/KBS_FORM_Assessment-Policy_MAR2018_FA.pdf
https:
www.kbs.edu.au/wp-content/uploads/2016/07/KBS_FORM_Assessment-Policy_MAR2018_FA.pdf
Answered Same Day Aug 22, 2022

Solution

Prince answered on Aug 22 2022
83 Votes
Case Study: Monetisation of Data
Kishan Joshi
Kaplan Business School
DATA4300
Data Security and Ethics
22nd Aug 2022
Part A: Introduction & use on Monetization
Making money using data is known as data monetization. Data can be made money in two main ways: directly and indirectly. With 2 billion members, Facebook is an online social media platform that thrives on user data. It is a social media corporation, but at the heart of its economic strategy is advertising. This essay will examine Facebook's data monetization strategy while also addressing moral, private, and legal concerns.
You may rest certain that just because Facebook buys the advertisement does not indicate that it is also selling data to the businesses that wish to run advertising on Facebook. Facebook directly profits from user data, albeit not in the sense that most people believe. A business can approach Facebook and state, "I run a sports website; thus, I want to put advertising on to entice males aged 20 to 45 who appreciate sports on Facebook." After that, Facebook would use user information to identify this desired group of males and place the advertising on the timelines or story ad. As a result, no data is transfe
ed throughout this operation. Because doing so would reduce Facebook's value, it does not voluntarily sell the data to these marketers (O'Connell, 2018).
In addition to this primary information monetization model, Facebook also gathers additional data that might indirectly aid the company in generating revenue. There are possibilities for consumers to login using Facebook on numerous websites. The user must have access to the user's specific Facebook information, such as their profile, name, and photo, when they log in. In order to show users where their friends have been travelling and which hotels or activities they have left, Trip Advisor leveraged Facebook friends (Schupak, 2015). Facebook services can be accessed via websites that incorporate its login, share, and like buttons. Facebook receives information when a user visits a website that uses its Facebook Analytics service while logged out of Facebook. Facebook will assist that website in finding a method for improving the content's interactivity (Facebook, 2018). Facebook has benefited greatly from this model. In 2018, Facebook's ad income accounted for 98.5% of all business revenue (Trefis, 2019). Only $2 billion of 2020's $84 billion in revenue comes from sources other than advertising, including Oculus (Cardina and Sciple, 2021).
Part B: Ethical, privacy & legal issues
Although Facebook has benefited much from this approach and technically does not "sell user's data," Facebook has suffered a great deal as a result. The...
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