Who Will Pay the Price for Flawed Software? Peter Efon works as a programmer for a major software company. The company, Cybersoft, is launching itself to be a major Internet-based platform developer and they are soon to launch a web initiative. Peter is involved in the development of a crucial component of the initiative. The company has trust in Peter for he has worked for the computer since he left college 15 years ago. Since his arrival at the company, Peter has pioneered a number of major software development projects. Peter has followed, and is very much aware of, the losses suffered by other businesses due to defective software. He even knows that in 2000, U.S companies suffered a whopping $100 billion loss due to bad software. He and his company, Cybersoft, are determined to target quality as the major focus of their new web initiative. Peter dreams of the success of the web initiative and the recognition it might bring both to his company and to him. However, a few days before the launch of the much-awaited initiative, as Peter makes his final quality checks, he discovers a flaw in the core component of the initiative whose magnitude he could not determine. To do so would mean a few weeks delay at best, a major blow to the company's efforts. The company had mounted an advertising blitz on all major media outlets. Even a few weeks delay would cause major financial losses and the public's loss of confidence in the company. This must never happen. Peter decides to see to it. Answer the following Questions: 1. Is Peter Efon wrong? 2. What damage would Cybersoft have suffered had there been a delay? 3. What do you think would have been the right course of action for Peter and Cybersoft? 4. Can you estimate the damage