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College essay - Business Program Application: Edited Essay + Critique
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Question: With on-line transactions being performed with ever-increasing frequency, hundreds of Web sites collect “personal” information about their customers on a daily basis.  Do companies have an obligation to protect the privacy of their customers, or, conversely, do they have the right to collect and disperse consumer information at their own discretion?  Should on-line privacy be regulated by governmental mandate, or is consumer protection the responsibility of the corporations and/or their customers?
Given the Internet’s borderless nature, many e-commerce companies are facing inconsistencies in the marketplace when is comes to regulations over online consumer privacy.  Over the past decade, numerous surveys have been conducted internationally only to have found consistent and majority concerns about consumer online privacy.   For example, Westin (1998) found that 81% of Internet users are concerned about threats to their privacy while online.  While a more recent survey, by the Federal Trade Commission, of major e-commerce sites found that roughly 20% met FTC standards for protecting consumer privacy.  The issue of online privacy seemed to reach peak levels when the European Union expressed deep concern last year that the U.S. standards of securing online privacy was too low.    While the single-issue privacy concerns may be posting of privacy policies, freedom of consumers to limit use of their personal data, or the secure handling of all information given voluntarily or through the use of ‘cookies,’ the issue of online privacy is crucial to the development of the e-commerce industry.  The Clinton administration has long been strongly advocated a laissez-faire approach despite a tough new European Union privacy directive that has threatened to disrupt elect本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。