Question

Who should own individuals' data? What are the trade-offs involved, and which property rights solution is...

Who should own individuals' data? What are the trade-offs involved, and which property rights solution is best for humanity?

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Individuals must have more control over their own personal data, therefore to enhance and improve the individual right's, Data Protection Act 1998 is formed. According to the act, Individual must be notified regarding use of information present in the data processing activities usually provided in the Privacy Statement of the company. Before processing data, confirmation from the individual must be granted.

Trade-offs :

Here, trade offs such as losing control over own individual data is involved as permission to process the data is given by the individual. It limits the control over the data.

Property rights :

Property right solution, The right to transfer the data to others and enforced data protection rights are best solution for humanity as it protects the data from processing without the consent and misuse of it.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What trade offs are involved in the decision to purchase an ERP software package?
What trade offs are involved in the decision to purchase an ERP software package?
What trade-offs are involved in deciding to have a single large, centrally located facility instead of...
What trade-offs are involved in deciding to have a single large, centrally located facility instead of several smaller, dispersed facilities?
What are the trade-offs between an internal and an external growth strategy? Which approach is best...
What are the trade-offs between an internal and an external growth strategy? Which approach is best as an international entry strategy? How is corporate parenting different from portfolio analysis? How is it alike? Is it a useful concept in a global industry?
1. There are important trade-offs involved in granting "Wild and Scenic River Status" to portions of...
1. There are important trade-offs involved in granting "Wild and Scenic River Status" to portions of a river. The critical issue is how much of this public good, a free-flowing river, should be protected from further development. As an analyst in the Office of Policy Analysis of the U.S. Department of the Interior, you are called upon to make a recommendation, based upon the following information. Each year, 1000 people benefit from the River's various services, exclusively for recreational purposes....
1. In your own words, what is short therm working memory? 2. Athletes who are involved...
1. In your own words, what is short therm working memory? 2. Athletes who are involved in sports that impose significant working memory loading, such as football and volleyball, would score higher on working memory tests, such as the AOSPAN. Do you agree or disagree, and why? 3. What do you think are some of the ways to strengthen short term working memory?
The Partnership Act 1890 section 24 sets out rights of partners (in default of their own...
The Partnership Act 1890 section 24 sets out rights of partners (in default of their own agreement). Which one of the following is not included in section 24? Group of answer choices The right to share equally in the capital and profits of the business. The right to be indemnified by the firm for any liabilities incurred or payments made in the course of the firm's business. The right to a salary The right to take part in the management...
INTELLECTUAL PROPERTY  Industrial property forms part of the broader concept of "intellectual property."  The...
INTELLECTUAL PROPERTY  Industrial property forms part of the broader concept of "intellectual property."  The objects of intellectual property are the creations of the human mind, the human intellect hence the expression "intellectual" property.  In a somewhat simplified way, one can state that intellectual property relates to pieces of information which can be incorporated in tangible objects at the same time in an unlimited number of copies at different locations anywhere in the world.  The property is...
DISCUSSION- PRODUCTION THEORY First, the idea that firms (and individuals) should make decisions on how they...
DISCUSSION- PRODUCTION THEORY First, the idea that firms (and individuals) should make decisions on how they optimize "on the margin" (where MC=MR). Often people get confused and think about making decisions based on the average (such as average total cost). Average total cost includes FIXED costs, which are sunk and should not influence future decisions. Second, the idea of diminishing marginal returns. That's the idea that each additional unit provides less benefit than the previous unit consumed. Use these concepts...
As a coordinator, developing individual plans for your clients should always involve collaboration them. These collaborations...
As a coordinator, developing individual plans for your clients should always involve collaboration them. These collaborations are only successful if both parties share mutual respect and positive regard. As a coordinator, you must take a leadership role, making sure you establish and maintain appropriate working relationships with your clients, as well as others involved in their care. A vital part of the service delivery process is planning. In order for the planning process to progress smoothly and to be as...
QUESTION 2 Securities that trade in the money markets are an example of what major asset...
QUESTION 2 Securities that trade in the money markets are an example of what major asset class? Cash Fixed Income Bonds None of the above QUESTION 12 Common stock is included in the equity asset class and represents a share of ownership rights in a company. True False QUESTION 15 Which answer best describes a Yankee bond? A bond issued in US dollars by a non-US company. A bond issued in US dollars by a US company. A bond issued...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT