Ethics and Legal Issues of E-business
Ethics in any kind of business, be it traditional or e-business, makes specific judgements about what is right or wrong, which is to say, it makes claims about what ought to be done or what ought not to be done. Ethics is universal and is applied to anything that have relations to individuals. Ethics is there to guide business from harming the general public and with this in mind, ethics is also tied with legalities to help defend its principles. Ethics and legality works hand in hand to create a peaceful environment in doing business.B2B's audience and clients are not individual people as compared to b2c websites. These individuals are members of a company. When conducting business you need to be aware who has authority, for example, for signing an NDA or placing an order on behalf of a company. Because the relationship is more extensive, every time you exchange information
Issues like identity theft are lately been increasing in numbers, because sites are not secured enough. or data, it has to be carefully tracked and labeled as general business or confidential as appropriate. As with ethics, the proper behavior of participants are typically set forth in regulatory codes developed by trade associations, commercial standard groups add the professions. B2b and B2c ethics and legal issues are very much alike, although victims in B2B have more advantage when resolving legal matters since procedures are very much black and white. You do have CAN-SPAM and there are gambling laws and there are laws like the Federal Telecommunications Act and the Computer Decency Act and other laws on child porn, but the Internet is largely left to the free operation of the market. Ethics are based on universal values that do not change if you are doing business with a person or with a company. The only difference is that a B2B website has special regulations if it deals with kids younger than 13 years of age. Since B2B counts on the sharing of mutual information ethics are a must. Unlike consumers engaging business in b2c, a victim does not have much to do, only to seek a third party's help to resolve their problems with B2c websites. It is easy to pin point what happened and who is responsible. For the most part, proper behavior and ethics of participants are typically set forth in ethical codes developed by trade associations, commercial standard groups add the professions. One example of a consumer being a victim in B2C transaction is when a consumer buys on-line some merchandize and his checking account or credit card accounts gets used by some other people. Accessing unauthorized areas in the trading system should not be allowed, and the privacy of partners should be protected both technically and legally. For the most part, the Internet is unregulated.
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