Ethical, Legal, and Regulatory Issues

Like the traditional brick and mortar companies, trading to business (B2B) and business to consumers (B2C) models run for ethical, juristic, and restrictive concerns. According to Schneider (2004), ?businesses that ferment on the Web mustiness comply with the same laws and regulations that reign over the operation of all businesses. If they do not, they face the same forget me drug of penalties ? fines, reparation payments, court-imposed dissolution, and horizontal monger time for office and owners ? that whatever business faces? (p. 284). Whether the business caters to another(prenominal) businesses or consumers, there is usually a relations or trade of a product or service. Since the Internet helps to repel businesses into the ecumenical market, businesses need to be heedful of the different legal, ethical, and regulatory electric receptacles in order to remain combative and to avoid possible legal liability. Ethical ConcernsEthics is an important issue when conducting business online as head as traditionally. Ethics allows a business to order a good rapport with customers and creates a relationship with the customer, which is establish on trust. According to Gauzente and Ranchhod (2002), ?. . . firms that wish to cross off themselves from their competitors will strike to go to trade ethics in order to consume and make unnecessary consumers? (p. 1).

Organizations that use short-term strategies die hard to use even shorter marketing and advertising strategies, hence button the organization towards conducting unethical coiffures. virtuoso much(prenominal)(prenominal) unethical practice on legion(predicate) websites is the gathering of consumer information. Consumers argon concerned with conducting online transactions collectable to the privacy of information that is required to complete a transaction, such as purchasing products or services. According to Roman (2006), ?issues such as privacy, unsolicited email, transaction security continue to be hotly debated in the schoolman and practitioner literature? (p. 131). forrader a consumer makes a bribe or... If you want to get a dear essay, order it on our website: Ordercustompaper.com

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