Ethical Issues Essay Example | Topics and Well Written Essays - 250 words - 3

Ethical Issues - Essay Example Computers and information systems have become part of human lives and, as a result, have created an opportunity for abuse and misuse hence raising the issue of ethics (Haag & Cummings, 2013). There is an ethical issue relating to the privacy of personal information and increasing concern about storage and access to personal details (Haag & Cummings, 2013). The risk of losing individual privacy affects information system because some people are unwilling to transact online for fear of exposing personal details to unintended persons. On the other organizations are incurring a lot of expenses to protect clients details from unauthorized users. Although organizations cannot fully prevent unauthorized access clients information, they can limit the accessibility by installing security details such as data encryption and use of passwords (Haag & Cummings, 2013). In conclusion, the use of information technology and systems has both positive and negative implications in the society. Although it has improved interactions of persons across the globe, it has caused ethical issues such as loss of privacy through unauthorized access to personal details. Organizations should improve protection of personal information. However, organizations should provide their clients with training on what information they should share and how to protect their privacy against unintended

Discuss, using examples, how the Internet may change Michael Porter's Essay

Discuss, using examples, how the Internet may change Michael Porter's five competitive forces - Essay Example The introduction of computers and internet has significant effects on Porter’s five forces model. According to Poon (1997), global computer network has far-reaching abilities and is capable of reducing the normal business expenditure. This paper analyses how Internet may change Michael Porter’s five competitive forces. How the Internet may change Michael Porter’s five competitive forces? Internet and Threat of substitute products Threat of substitute products is increasing day by day in global market after the arrival of internet and the subsequent development of ecommerce. As per the statistics released by US Department of Commerce in May 2005, e-commerce sales in the first quarter of the year had been $19.8 billion (Eschen, 2005). In other words, business in the virtual world is increasing rapidly at present because of the arrival of internet. It should be noted that Chinese companies are manufacturing plenty of duplicate products in their country. It is easy f or them to make a duplicate for iPhone 5 or Galaxy S4 and sell it at a cheaper rate. People in America or Europe can easily purchase these duplicate products with the help of internet. In short, threat of substitute products is increasing day by day because of the arrival of internet and subsequent development of ecommerce. ... As a result of that retailers forced to start business in the virtual world also. Wal-Mart and Tesco like prominent retailers have already started ecommerce because of the challenges facing by them from new entrants in the virtual world. Vitez (2013) pointed out that companies should implement current technologies in business. Otherwise competitors may use new Internet-based technology for creating a competitive advantage in the economic marketplace. For example, outsourcing is one of the latest business concepts developed in the corporate world with the arrival of internet. According to Thompson (2009), outsourcing is a business process in which a company contracts with another company to provide services that might normally performed by in-house employees. Because of manpower shortage, labor costs in America and Europe are extremely higher than that in Asian countries. Therefore, goods and services produced in these countries may struggle to compete effectively with Indian or Chine se products and services in the market. In order to avoid this problem, American and European companies are outsourcing their business to cheap labor oriented countries to compete effectively in the market. It should be noted that Indian or Chinese companies can sell cheaper products in American or European market through internet. As a result of that, American and European companies may struggle to sell their products even in the local market. â€Å"For existing businesses, these new online sellers represent a challenge to retain customers† (Hartman, 2013). To avoid this problem from new entrants, these companies are currently outsourcing and offshoring their business activities to cheap labor oriented overseas