Corporations currently collect information about the purchases you make and your personal spending habits. Sometimes corporations will share information to build a more informative profile about you. There have been proposals for legislation to regulate or halt this type of exchange. Consider how you feel about this exchange of information, and then respond to the following: 1. What ethics and privacy concerns are related to corporations sharing personal data? 2. How might the consumer benefit from this? 3. Could this harm the consumer? 4. What could happen if your grocery store shared information about your purchases with your life insurance carrier?
Corporations currently collect information about the purchases you make and your personal spending habits. Sometimes corporations will share information to build a more informative profile about you. There have been proposals for legislation to regulate or halt this type of exchange. Consider how you feel about this exchange of information, and then respond to the following: 1. What ethics and privacy concerns are related to corporations sharing personal data? 2. How might the consumer benefit from this? 3. Could this harm the consumer? 4. What could happen if your grocery store shared information about your purchases with your life insurance carrier?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Corporations currently collect information about the purchases you make and your personal spending habits. Sometimes corporations will share information to build a more informative profile about you. There have been proposals for legislation to regulate or halt this type of exchange. Consider how you feel about this exchange of information, and then respond to the following:
1. What ethics and privacy concerns are related to corporations sharing personal data?
2. How might the consumer benefit from this?
3. Could this harm the consumer?
4. What could happen if your grocery store shared information about your purchases with your life insurance carrier?
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