The moral, ethical and legal issues affecting modern e-business Essay

The moralistic, ethical and legal issues bear upon modern e- melodic phrase organisations - Essay ExampleIn 2009 UK recorded 18.3 million internet users, accounting for the 70% of body politics total population, which is an make up of just under 2 million households (11 per cent) over the last division and 4 million households (28 per cent) since 2006 (National Statistics, mesh Access, 2009). This scenario comprise of a number of different players that range from technological innovations, multinational companies, public policies, legal issues, and ethical values, present a number of challenging constraints and opportunities. Maintaining certain ethical and moral values within any form of commercial enterprise (including modern e-business organisations) are important for attaining sustainable success for that firm. Recently it has become especially important for the business firms, especially those involved in e-commerce, to guard correct ethical and moral behavioural attitud es to avoid legal problems. In this era of economic globalization and technological convergence there is an emergence of a new form of internet- found society often referred to as the knowledge society, and has raised questions on issues related to variant ethical, moral and legal matters. The modern computer based technologies, used for collecting, amassing, managing, and communicating information, though managed to bring in new reforms in the dispersion and application of information, similarly brought in various ethical and legal dilemmas. The various business firms that operate within this arena submit difficulties in the context of right to information, right to privacy, right to the freedom of expression, and intellectual property rights, which vary from unpolished to country. The immense importance and efficiency of internet based systems that include worldwide and local system networks, databases, and the various programs for data processing make it compulsory that pol icymakers make a review of the existing rights and responsibilities, in coitus to conducting e-businesses in a legal and ethical manner. (Lynch, Ethical Issues in Electronic Information Systems, 1994). Discussion What is e-business and e-commerce? In the recent times it has been observed that The capabilities and opportunities provided by the Internet have transformed many legitimate business activities, augmenting the speed, ease, and range with which transactions can be conducted duration besides lowering many of the costs( Williams, 2002, 1). The increase in e-business transactions is evident in the figures presented in the UK National Statistics survey report, The value of Internet gross revenue by businesses rose to ?71.1 billion in 2004, an increase of 81 per cent from 2003... The results of the 2004 survey show product in the use of Information and Communication Technologies (ICTs) and large increases in the value of trade over the Internet. The results also highlight sig nificantly greater use of ICTs by the largest businesses (those with 1000 or more employees)... Internet purchases by businesses rose 64.6 per cent from ?37.9 billion in 2003 to ?62.4 billion in 2004 (National Statistics, News Release, 2005). Though computer and data processing systems were present during the 70s and 80s, it was primarily the late nineties that saw a rise in e-trade, where the Internet changed the way many business activities were conducted through speed augmentation, ease, and range with which transactions can be conducted while also lowering many of the costs(Williams, 2002, 1). Thus, the changing perspectives of trading community from that of an actual