Define corporate governance and discuss the events that led up to the need for increased corporate governance. Define business strategy. List five possible business strategies. Define IT governance and the role Sarbanes/Oxley has played with respect to corporate governance. List factors one should consider with respect to governing the cloud (using IT Governance) Question 2: 4+ pages (APA format & latest scholarly journal article references 2016 on words) For this project, select an organization that has leveraged Cloud Computing technologies in an attempt to improve profitability or to give them a competitive advantage. Research the organization to understand the challenges that they faced and how they intended to use Cloud Computing to overcome their challenges. The paper should include the following sections each called out with a header. • Company Overview: The section should include the company name, the industry they are in and a general overview of the organization. • Challenges: Discuss the challenges the organization had that limited their profitability and/or competitiveness and how they planned to leverage Cloud Computing to overcome their challenges. • Solution: Describe the organization’s Cloud Computing implementation and the benefits they realized from the implementation. What was the result of implementing Cloud Computing? Did they meet their objectives for fall short? • Conclusion: Summarize the most important ideas from the paper and also make recommendations or how they might have achieved even greater success.