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“3. Question Note: For this assignment, please ensure that you have downloaded the case study in Module 1 and read through Chapter 4 to inform your submission. Chapter 4 of the case study describes an exciting new project undertaken by The Loft: the development of an augmented reality application, The Loft by Design. This application allows customers to design their own living spaces with The Loft furniture. By creating this app, The Loft hopes to establish a competitive edge over their competitors in the furniture market. Due to the fact that customers’ personal information is procured during the set-up of the app (and while using the app), Kristen Lee, the information officer, expressed the need for an impact assessment to assess the potential privacy and data protection risks that The Loft may be exposed to. By identifying these risks, The Loft will be in a better position to develop and implement appropriate controls to ensure compliance with the regulatory universe in all of its locations. You have been tasked with compiling certain sections of the impact report, as well as a stakeholder map for this project at the Cape Town office, ahead of launching the application to the public. You have been provided with the basic structure of the impact report by the information officer which you should use to inform your report. For consistency throughout the organisation, the information officer also provided you with a table to assist in completing the stakeholder map. 1.1 Once you’ve completed the risk identification exercise, you are ready to complete the impact report. Below is a table with sections extracted from an impact report template. Complete the sections in the given table relating to the need for the impact report and the nature of the data used by The Loft by Design app. In your answer, include four needs for the impact report and four descriptions of the nature of data.”