...time (currently we have an ageing population). An understanding of social change gives business a better feel for the future market situation. Legal changes as well as ethical and taxation determine the method by which products can be promoted and sold online. Laws are continually being updated in a wide range of areas, e.g. consumer protection legislation, environmental legislation, health & safety and employment law, etc. Businesses need to take a pro-active approach and be ahead of these changes, rather than hurriedly making alterations to products and processes in a reactive way. Governments, in behalf of society, seek to safeguard individuals rights to privacy. Economic changes are closely related to social ones. The economy goes through a series of fluctuations associated with general booms and slumps in economic activity. In a boom nearly all businesses benefit and in a slump most lose out. The variation in ecomomic performance in different countries and regions affect spending patterns and international trade. Other economic changes that affect business include changes in...
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...Business Ethics This is the age of big businesses and people are living in a global economy. Business ethics are important to protect individual rights, and encourage human rights, abide by the law, and protect the environment. Ethics is the principles, norms, and standards of conduct governing an individual or group (Trevino & Nelson, 2006). Business ethics is the written and unwritten rules, standards and policies in which businesses control the actions that occur daily within the organization. Business ethics looks at ethical ideology and moral or ethical problems that occur in a business. Business ethical issues are about fairness, honesty, and respect for others. Three ethical issues within today’s business environment that affect communities and organizations are conflict of interest, privacy of personal information, and harassment, sexual and otherwise. One of the ethical issues that occur within businesses is conflict of interest. Conflict of interest occurs whenever an employee’s obligation or responsibility to the company is compromised by his or her interest. Corporations have policies that permits acceptance of favors from customers who are friends. Some common conflicts of interests are bribes, privileged information, and trading influences. To make sure one does not encounter a conflict of interest one must act impartial and make it look as if acted impartial. Another ethical issue in business is privacy of personal information. People have to...
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...fore of public debate as an issue that both government and Net users are concerned about. Many companies have benefited from the use of e-Business in terms of revenue, capturing its marketing mix and driving shareholder value. However, governmental regulation can have a major effect on both the strategy and financial survival of e-Business. As technology continue to evolve at a rapid pace, governmental regulation struggles to keep up with its pace (McGraw-Hill). This paper will outline legal and regulatory issues with E-Business. Ethical issues such as invasion of privacy and deceptive advertising will be addressed. An e-Business failure and “Managing a Retail Website” simulation will be discussed that will include challenges that was faced and offering recommendations to overcome those challenges. In the beginning of the Internet era, there was no kind of regulation in place. As the internet and e-Business started to expand rapidly, government struggled in determining how rules and regulations would a key role in online business practices. In our text, its states new technology and the lack of physical borders associated with the Internet are changing the way societies are looking at laws (McGraw-Hill). Because of hacking and cyber crime which continue to become more common and complicated, it is necessary to set standards in order for business to continue to thrive. There are several key regulatory issues that have impacted e-Business. Privacy and Security Just recently,...
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...things with your cards, too? Have you ever given out personal information to register for a contest or special event on the Web? If so, beware. In this paper, I will attempt to explore various privacy and security concerns facing both businesses and consumers when they take part in electronic commerce. Although the Internet offers a wonderful social, personal, and business opportunity, it is also laden with hackers, plotters, and schemers. This paper will examine some of the challenges posed by these shady individuals and look at measures Internet users can take to avoid becoming their victims. To survive in today’s highly competitive business environment, successful E-businesses must market their products and services to individuals or other businesses that are “willing and able” to purchase their offerings. To assist them in identifying and targeting specific market segments, companies are now using data mining techniques to examine their databases looking for trends, relationships, and outcomes to enhance their overall operations. These databases, containing detailed consumer information, can be valuable resources for the companies that use them. They can help businesses to better understand the needs of their customers so they can react to the customer’s needs faster. Businesses can also utilize this information to cut production costs and increase profitability by reducing inventory waste and other inefficiencies, which could lower overall cost for the consumer. For...
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...Chapter 5 Social, Legal, and Ethical Issues in the Information Age Teaching Objectives Students should be able to answer the following questions: 1. What ethical, social, and political issues are raised by information systems? 2. Are there specific principles for conduct that can be used to guide decisions about ethical dilemmas? 3. Why does contemporary information technology pose challenges to the protection for individual privacy and intellectual property? 4. How have information systems affected everyday life? 5. How can organizations develop corporate policies for ethical conduct? Key Terms The following alphabetical list identifies the key terms discussed in this chapter. The page number for each key term is provided. |Accountability, 154 |Intellectual property, 164 | |Carpal tunnel syndrome (CTS), 176 |Liability, 154 | |Computer abuse, 173 |Non-obvious relationship awareness (NORA), 153 | |Computer crime, 173 |Opt-in, 161 | |Computer vision syndrome (CVS), 177 |Opt-out, 161 | |Cookie, 160 ...
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...conflicting interests concerns the privacy rights and considerations of the employees versus the rights of the employer to monitor the activities of its employees. A relaxed, comfortable workplace promotes good morale but too much comfort can result in a workforce that takes their responsibilities for granted. Achieving a happy medium is the ultimate goal. The development of modern technology has provided employers with increased opportunity to monitor the activities of their employees both on the job and off. Telephone, computers, voice mail, and the internet have provided employers with vehicles that were not available just a decade or so ago. Because of the newness of such devices, regulations and laws governing the use of them are not well developed. As a result, at the present time, employers are enjoying virtually unfettered opportunities to listen, watch, and read most anything and everything that their employees are doing while at work. Some more aggressive employers are even using such devices to do the same in regard to their employees’ private lives as well. In limited cases, some corporations and businesses have enacted policies limiting such interventions by the company but there are very few such companies. The concept of privacy is complicated. What is private for one person may not be for another and when it comes to privacy in the workplace the issue becomes even more complicated. From a legal point of view, what constitutes privacy is essentially the expectation...
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...create more jobs which, improves the economy. The advantages of technology advances allows businesses to be more efficient and employees to work in the field but have the technology to use as if they were sitting at their desk. With the benefits of technological advancements there are also many disadvantages. Technological advancements can cause security issues that can harm the organization as well as consumers. Researching and obtaining the necessary information regarding technological advancements and understanding security issues is critical to any organization. Purpose of the research The purpose of this research plan is to determine how technology will affect business’s finances and level of security. The quantitative research method is the preferred method in this case, its ability to produce objective accurate results based on the results. As a research team we are going to remain objective and keep distance from the research to keep the information obtained as accurate as possible. We will be researching technological advancements and also use technology to our advantage in researching this issue. The amount of information that is available in regard to new technological products is enormous and should provide more than enough data to come to a conclusion. Solution to the Issue Cloud computing is a security system that specializes in security, privacy, and other areas of high interest. Data maintained in the cloud computer security system...
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...81% of the businesses are using social media or planning to use social media for marketing purposes. The social media is used for engagement marketing, buzz marketing, building customer relationships and to revitalise brand image. As social media marketing facilitates two way communications between the marketers and the users, the content generated in social media is considered trustworthy and reliable by the customers. The marketers while using the social media should be aware of the legal risks involved in social media marketing. This research paper by using content analysis looks at social media marketing and legal risks involved in social media marketing. Index Terms—Social media, marketing, legal risks, regulations. I. INTRODUCTION Social media marketing is a phenomenon where businesses are seeking new ways to create value. The introduction of social media considerably changes the marketing activities and consumers‘ behaviours. With the introduction of various technologies associated with social media the businesses and consumers participate in marketing activities easily without cost. Though social media is relatively a new media, its popularity is increasing rapidly across the world. Social media is used to engage with consumers, promote the business products and build business brands. Social media is also used as online word-of-mouth marketing to create buzz marketing effect of trust and reliability on products and brand. In the process, the businesses are building...
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...Chapter 5 Social, Legal, and Ethical Issues in the Information Age Teaching Objectives Students should be able to answer the following questions: 1. What ethical, social, and political issues are raised by information systems? 2. Are there specific principles for conduct that can be used to guide decisions about ethical dilemmas? 3. Why does contemporary information technology pose challenges to the protection for individual privacy and intellectual property? 4. How have information systems affected everyday life? 5. How can organizations develop corporate policies for ethical conduct? Key Terms The following alphabetical list identifies the key terms discussed in this chapter. The page number for each key term is provided. |Accountability, 154 |Intellectual property, 164 | |Carpal tunnel syndrome (CTS), 176 |Liability, 154 | |Computer abuse, 173 |Non-obvious relationship awareness (NORA), 153 | |Computer crime, 173 |Opt-in, 161 | |Computer vision syndrome (CVS), 177 |Opt-out, 161 | |Cookie, 160 ...
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...Chapter 5 Social, Legal, and Ethical Issues in the Information Age Teaching Objectives Students should be able to answer the following questions: 1. What ethical, social, and political issues are raised by information systems? 2. Are there specific principles for conduct that can be used to guide decisions about ethical dilemmas? 3. Why does contemporary information technology pose challenges to the protection for individual privacy and intellectual property? 4. How have information systems affected everyday life? 5. How can organizations develop corporate policies for ethical conduct? Key Terms The following alphabetical list identifies the key terms discussed in this chapter. The page number for each key term is provided. |Accountability, 154 |Intellectual property, 164 | |Carpal tunnel syndrome (CTS), 176 |Liability, 154 | |Computer abuse, 173 |Non-obvious relationship awareness (NORA), 153 | |Computer crime, 173 |Opt-in, 161 | |Computer vision syndrome (CVS), 177 |Opt-out, 161 | |Cookie, 160 ...
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...Lotus Marketplace: Households Ethical Issues: • How far does the responsibility of Lotus and Equifax extend to make sure their product is not put to improper use? Lotus and Equifax planned to screen purchasers to limit access to the data only to legitimate companies, who would purchase the discs directly from Lotus and sign a form agreeing to us the data only as spelled out by Lotus. How far does product liability go? • Where do marketing feasibility and consumer convenience stop and invasion of privacy begin? According to Kennedy, [Privacy and Information], privacy is such a personal issue that people will naturally differ on how much they are willing to give up for certain services. Simply banning certain uses of personal information does not accommodate individual needs. • Who owns the information? The companies who maintain the databases or the consumers whose names comprise the databases? According to DeGeorge, we have no right to facts. But we have no obligation to make known personal facts about ourselves, and if we make them in confidence, we have the right to insist, and expect, that they will be kept confidential. • Should only large businesses with an abundance of resources participate in direct marketing, as it was cost prohibitive for small businesses to utilize direct marketing? In 1990 the total industry was estimated at $1.23 billion annually in list sales. There were also many products like Conquest, Microvision and Powerhouse, which used modeling techniques...
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...Bessie Napper IT 547 OL Data Privacy Trends April 28, 2016 Abstract: The purpose of this paper is a reflection on Data Privacy Trends of 2015. This paper will summarize my opinion on the talk about what matters most in data privacy. It will show how the panel has laid out a compelling discussion about the issues facing data privacy. Churchill Data Privacy Trends 2015 presented on what matters most in data privacy. They talked about the ever-growing demand for big data. How increasingly effective “bad actors,” leading to the worst year on record for data breaches. That privacy practices was designed only to deal with compliance or breach response. The conflicting global privacy laws and a growing concern among consumers about whose doing what with their data. Businesses are very aware of how consumers are increasingly aware of the risks and options as their personal data has effectively become a form of currency. As an example, telemarketers are always selling your information to other telemarketers in ways of contacting you in order to get you to buy things from them. As we live and breathe privacy all day we want to feel safe that we are not being violated whenever we go online and open a web page or email attachment. So by choosing the encrypted form of email is one way they talked about helping with privacy issues. With privacy and security one of the things they talked about is understanding where the risks are and how you can alter your behavior. This to me would mean...
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...reasonably expect to have privacy in the work place. Aside from the more measurable costs, employees emphasize their need to preserve at work what they expect to maintain elsewhere, a sense of dignity and self-respect. Within the workplace typical employees would expect to have minimal. Privacy in this aspect gives individuals, from factory workers to presidents a chance to lay their masks aside. The more employees share space, cubicles and networked computers, the harder it is to maintain personal privacy. Necessary boundaries of mental distance in interpersonal situations should be initialized raging from the most intimate to the most formal and public. Some companies legitimately monitor you for business reasons, not simply to snoop through your life. According to The American Management Association there are five justifiable reasons that your employer can monitor you at work. To make sure that you are legally complying with their standards. For instance, if you are a telemarketer, your employer may record your transactions and store the information to keep adequate and accurate files should they require documentation or evidence in the future. While 90 percent of companies who admit to spying on their employees admit that their workers are aware of it, others may not provide the same courtesy to their employees. In fact, employees may feel that any type of monitoring is a violation of your privacy. Some businesses go so far as to utilize tools to test how honest their employees...
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...Legal and Ethical Issue The growth and development of internet use has influenced considerable innovations globally. More than a few organizations rely on internet use to operate and to enhance their productivity among other aspects. However, organizational planning in most organizations has recognized that malicious attacks, threats, and vulnerabilities are the major factors affecting organizations. Over the years, Amazon organization has been leading in terms of online business for many years. As a result, there are a number of factors that have influenced its growth and development. One of the major factors that has influenced the growth and development of the organization is effective strategic management. However, despite the growth and development of the company, research shows that the company has faced legal and ethical issues. The two major legal and ethical issues related to Amazon Company include contempt to intellectual property and confidentiality. This paper will describe legal and ethical issue faced by Amazon Inc. Com. Company Description Amazon is one of the major online retailer and other computing services that are normally used in businesses for the benefit of clients. One of the contributing factors of Amazon performance is its globalization. The impact of globalization has effectively enhanced the growth and development of more than a few factors within and outside the organization. The effect or impact of globalization has influenced...
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...INFORMATION AGE AND INFORMATION PRIVACY UNIVERISTY OF MARYLAND UNIVERSITY COLLEGE 5 AUGUST 2011 | An estimated 35 million people use e-mail – either via their company’s computers or on paid networks. Unlike telephone calls, which by law are private because the phone lines are considered common carriers, a company owns its computer network and all the data in it. Seemingly, private email has been used against employees in everything from sexual harassment cases to charge of trade secret theft. Even employees who carefully delete their email cannot escape cyber-investigators who can hunt through a computer’s backup system to find just about anything ever stored in a computer. That is to say, the use of email is like having a video camera consistently running. Information Privacy can be defined as the relationship between collection and dissemination of the information. There is no doubt that there is a public expectation of privacy, however, the term itself has legal and political issues surrounding it. Information Privacy affects our personal and professional life. With the invention of the personal computer in 1970 and the internet reaching a critical mass in 1990, and the adoption of this technology three decades later, we society catapulted into what is known as the “Information Age”. The “Information Age” has allowed global network communication and shaped our modern society. With so many advancements in technology and the reliability of computers in our...
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