AQ #1. What are some special issues that arise in Internet transactions? What should business managers do to protect their organizations in Internet transactions?
AQ #2. What special issues arise in international business transactions? Identify two such issues and discuss what managers can do to minimize exposure to legal risk and uncertainty associated with these issues.
What are some special issues that arise in Internet transactions? What should business managers do to protect their organizations in Internet transactions?
One of the major issues that arise in internet transactions is the security of the confidential financial and other information of the parties involved in the transaction which may leak due to poor or weak security infrastructure. Business managers of such e-businesses that are involved in such transactions must deploy highest quality security software and hardware to protect confidential financial and other data exchanged over their portal during internet transactions.
Another major issue that arises during internet transactions is privacy of customer information provided to e-businesses during transactions. Often, companies misuse such information by using it for purposes that were not originally intended, such as distribution of such information to third parties for marketing, etc. ...
Special issues in internet transactions and in international business transactions are discussed in 530 words.