The Internet Technology and Data Ownership Issue Assignment

The Internet Technology and Data Ownership Issue - Assignment Example The internet has become such a norm that the mere existence of man at a certain place without having been connected to the internet is though impossible. About (2011) defines the internet as: â€Å"The term  Internet  today refers to the global network of public computers running  Internet Protocol. The Internet supports the public  WWW  and many special-purpose client/server software systems. Internet technology also supports many private corporate  intranets  and private home  LANs.† (about, 2011) The human society has been transformed completely with the advent of the internet. Human life before it was devoid of the thought of staying virtually connected to innumerable individuals just by getting connected to a network w=of computers that was nothing more than an obscure network of corporate computers just about a quarter of a century back. Though it started off merely as a very small scale office network today the internet is the biggest network of connecte d computing devices from all over the world that has ever existed. This network is a massive den of information. This information may be related to just about anything and everything. It is an open network and the more users get connected to it via their connecting device the wider it becomes. The connecting devices may either be as small as a mobile phone and may even be as large as a super server computer. Any user can add just about any kind of information over the internet. Only information gathered from reliable resources is authentic and may be referred to others further on. Isao Hiroki mentions internet in his paper in the following words: â€Å"The virtual space of the internet permeates our daily lives and countless new services.† (Hiroki, 2003) For all students and inquisitive learners the internet is an ideal resource. This is because they can find out information regarding just about any of their topics from the internet. All they need to do id to search for the r equired topic by entering its’ prominent words in efficient search engines. These search engines dig throughout authentic (spyware free) web pages and bring out their links as a result. The user can then make use of the massive data retrieval that is at his disposal with the additive advantage of it being free of cost. Evan Charles Sveum (July 2010) mentions Computing and Internet Technology in the following words: â€Å"Computing and Internet technologies (U.S. Department of Labor, 2000) have changed the nature of work and occupations that would allow a person to earn a living.† (Sveum, 2010) The above statement narrates the fact that internet based jobs have been very popular among the public since internet technology has emerged. Besides that the availability of other jobs can also be checked via the internet as many vendors propagate the availability of jobs at their sites via it. Many people can now earn a living by earning over the internet in the form of e-busin ess, writing blogs etc. DQ2-Who owns the data? Privacy and/or security issues are inherent in large databases. Who owns the data about a particular person: medical, credit, personal, financial, consumer information, etc.? Support your position. The question referring to the ownership of data has been existent ever since the launch of databases. The dependence of man on computing machines for transactions related to monetary and personal details cannot be overlooked in this fast paced

Individual Report - Fast Food Case Context Essay - 1

Individual Report - Fast Food Case Context - Essay Example 2. The Economic Environment The Chinese Foodservices industry is currently valued at $366.9 billion USD and is expected to grow to nearly $500 billion USD by 2015 (New Zealand Trade & Enterprise 2012). Full service restaurants maintain approximately 75 percent market share in China, whilst fast food concepts maintain 25 percent market share in this industry. A recent study further revealed that approximately 50 percent of all Chinese consumers prefer eating in restaurant environments over that of home-cooked products, representing a potential market of a half billion consumers geographically dispersed throughout the country (Ganster 2006). This preference for external restaurant dining is fuelled by rising consumer incomes which have increased by nine percent in urban regions and 12 percent in rural areas (Censky 2012). There are ample market opportunities in China based largely on social trends of restaurant consumption that are favourable for launching a new fast food brand with su fficient incomes to consume under a moderately-priced business model. By 2020, it is estimated that total, national seafood consumption volumes in China will be at 35.9 kg/capita, fuelled by a strong consumer demand for seafood (Redfern Associates 2010). Market expansion into China will further require access to appropriate capital and credit to ensure adequate asset procurement and structuring of operations. In 2012, the country’s fiscal leadership injected nearly 58 billion USD into the economic system to stabilise currency exchange rates and fuel new corporate borrowing in the financial sector (Safe Trading 2013). This has opened avenues for support in foreign direct investment and improved the dynamics by which financial lenders evaluate loan generation to fuel economic growth through business development. However, there is a risk as it relates to the economic environment in China. As a product of the recession begun in 2008 that impacted international economies, Chinaâ⠂¬â„¢s efforts to stabilise the exchange rate led to rapid inflation in the food sector that has raised pricing along the foods supply chain (Ho 2011). Though inflationary costs provide opportunities to increase revenues by nearly 17 percent in the foods industry by superimposing higher pricing models to offset procurement costs, rising costs in a very complicated foods supply chain pose risks in a country where consumers are notoriously price-sensitive (Vangpeng 2012). Price-sensitive buyers represent the ability of consumer target groups to impose pricing transparency and leverage pricing demands. 3. Political Considerations Fortunately for the fish and chips brand, progressive changes to a more capitalistic model of government are providing new support for both domestic and foreign business development. Influence of the World Trade Organization has opened new distribution channels with much less stringent regulations and imposition of import/export tariffs that promote better int ernational trade (Areddy 2009). For the business desiring to establish a supply chain network utilising foreign seafood product farmers and distributors, rather than domestic suppliers, the government provides ample support in legislation to remove economic barriers that can complicate cost control. At the same time, the domestic supply chain for aquatic foods products is complicated and widely dispersed, but