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- Discuss the potential risks that insiders provide to the safety of a firm as well as the motivations that drive them to engage in illegal or unethical activities.If codes of ethics are intended only to ensure that company policies are legal, they do not serve their proper purpose true falseAnalyze the legal implications of e-commerce and digital business, including online contracts, data privacy and security, electronic signatures, and domain name disputes.
- Legal consequences following a successful cyberattack on a well-known organization often include O the loss of cash, inventory, equipment, patents, copyrights, trade secrets, and data the diversion of resources to the operation of back-up procedures O lawsuits initiated by consumers who incurred damages O an erosion of trust previously established with customers, suppliers, and partnersWhich of the following is excluded from the prohibitions under the Philippine Competition Act? a. Anti-competitive agreements b. Abuse of dominant market position c. Prohibited mergers and acquisitions d. None of the aboveDuring the process, BSG noted that the flow of information between the stakeholder groups was unclear, and that inconsistent information was being disseminated, which resulted in confusion and misunderstandings”. Evaluate this statement in the light of the investigations undertaken by the consulting company
- Please answer in 200 words or more. Part 1: Your friend is considering opening their own business and has asked you for some advice. Please share your knowledge to help them build a successful business. Part 2: Provide (two) advantages and (two) disadvantages for each of the following: I. Sole Proprietorship II. Partnership III. Corporation 3. Lastly, identify which format your friend should select for their business. Be sure the answer refers to the specific product and or service industry and connects to the information you provided in Part II above.Which of the following statements are CORRECT? I. The strategic goal of any organisation should be to achieve and maintain a competitive advantage. II. Strategic entrepreneurship is the combination of entrepreneurial opportunity seeking and strategic advantage seeking. III. An entrepreneurial culture encourages risk taking and neglects entrepreneurial capabilities. IV. An entrepreneurial culture comes from the encouragement of entrepreneurial leadership. The primary purpose of IPRs is not only the protection of property from authorised use, but also to enable the owners of an innovative creation to allow their usage through a licensing fee. Select one: True False Which of the following statements correctly define 'Disruptive Innovation'? a. Disruptive innovation refers to the process in which a new market is created that also destabilises an existing market. b. Disruptive innovation is a service that benefits one or more segments of the community or society,…Raised in Ireland, Patrick and John Collison were precocious, inquisitive youngsters who taught themselves computer coding at an early age. By the time they were teenagers, the brothers were developing iPhone apps and eventually became college dropouts after a few semesters at MIT (Patrick) and Harvard (John). During this time they started a company called Auctomatic Inc., which created an online marketplace management system for companies such as eBay, and then sold the company for $5 million in 2008. After selling the business, they continued to work on simplifying the payment process for startup businesses that use the internet to sell goods and services. As the internet entered its second decade and more and more entrepreneurs were using the web to do business, the Collisons recognized that the payment transaction process for online purchases needed an overhaul. In 2011, they opened their new company, Stripe, after testing their service and building relationships with banks,…
- A few years ago, a prominent pharmaceutical company was accused by the Justice Department of meeting with its competitors and entering into an explicit agreement with these competitors to fix the price of a commonly prescribed drug. (a) What is the difference between horizontal price fixing and vertical price fixing? Was this pharmaceutical company accused of horizontal price fixing or of vertical price fixing? Explain your reasoning. (b) Would the business practice that the pharmaceutical company was accused of be considered per se illegal or would the legality of this practice be judged by the rule-of-reason criterion? If the case had gone to trial, would “plus factors” have been considered to determine the trial’s outcome? Explain your reasoning. (c) Use the course material on the free-market economic system to explain why there are governmental laws against horizontal and vertical price fixing.In your own words, make a compelling argument for and against the benefits and drawbacks of division of duties in an organization's information security policy, drawing on a practical example from your own professional experience.