Economics
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Title: Economics

Essay Details:

Subject: Business
Author:
Date: December 9, 2012
Level:
Grade:
Length: 7 / 2022

Essay text:

The Internet allows for more information to be created, distributed and consumed with greater speed, allowing private information to be treated as a commodity in market exchange, however, a line must be drawn between private and public information. The development of the Internet and the ability to complete electronic transactions has increased public concern about privacy. With every website visit, a browser leaves an electronic trace which can later be retrieved to analyze the consumer’s online browsing and shopping behavior (Hui and Png, 2). Companies are able to profile website visitors and this benefits the consumers as well as the businesses, since firms will identify their customer’s needs and therefore, strive to meet their demands...

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