Issues of privacy and security in the new market space

Assignment Help Operation Management

Reference no: EM132142244

Privacy and security are two key reasons consumers are leery of online shopping and buying. A recent Jupiter Research poll reported that 70 percent of online consumers are concerned about threats to their personal privacy on the Internet. Even more telling, 53 percent have stopped shopping a website or forgone an online purchase because of privacy concerns. Industry analysts estimate that low consumer confidence in privacy and security resulted in lost sales of $24.5 billion in 2006.

The privacy and security concerns of online consumers are related to the cookies described in the text and how those cookies can be used or misused. A percolating issue is whether the U.S. government should pass more stringent Internet privacy laws. About 70 percent of online consumers favor such action. Companies have adopted initiatives to develop their own privacy standards government action.

Do you think that governmental or self-regulation is the best way to deal with issues of privacy and security in the new market space?

Reference no: EM132142244

Questions Cloud

What would be the monthly mortgage payment : The down payment is 20 percent and the balance is to be financed at 9 percent p.a. over the next 30 years. What would be the monthly mortgage payment

What is the expected return and standard deviation : (a) What is the expected return and standard deviation of a portfolio that is 100% invested in the risk-free asset?

Find the probability that a given user is transmitting : Find the probability that a given user is transmitting. Suppose now there are three users.

How much interest is paid in the third year : Prepare a amortization schedule for a five-year loan of $71,000. The interest rate is 7 percent per year, and the loan calls for equal annual payments.

Issues of privacy and security in the new market space : Do you think that governmental or self-regulation is the best way to deal with issues of privacy and security in the new market space?

Compute the geometric mean rate of return : Compute the geometric mean rate of return for each of these investments. Compare the arithmetic mean return and geometric mean return for each investment

Why systems modeling is worth the time and resources involve : Suppose you are starting work on a project for an organization that has never used any modeling techniques or tools in designing a system.

Explain how individuals navigate organizational politics : Explain how individuals navigate organizational politics. Define leadership and followership.

Write a program that displays the tuition in ten years : Write a program that displays the tuition in ten years and the total cost of four years' worth of tuition after the tenth year.

User Account

All Pages