On The Discussion Forum Describe An Instance Where A Governm

On The Discussion Forum Describe An Instance Where A Government Ha

1. On the discussion forum, describe an instance where a government has taken some action the result of which is influence on commerce. Minimum 300 words.

2. How would one define business intelligence (BI)? Identify and briefly discuss a real-world application of BI?

3. In a highly controversial move, your favourite social network has just agreed to allow Walmart access to the postings, messages, and photos of its users. Walmart will also gain access to usernames and email addresses—violation of the network's privacy policy. Walmart plans to mine this data to learn more about what its customers want and develop targeted direct mailings and emails promoting those items. You are so strongly opposed to this change in the privacy policy that you are motivated to send a message to the social network expressing your opinion. What do you say?

Paper For Above instruction

Government actions have long-standing implications on commerce, influencing economic activities, market dynamics, and consumer behavior. One notable instance of government influence on commerce is the implementation of trade tariffs. For example, during the Trump administration, the United States imposed substantial tariffs on imported steel and aluminum in 2018, citing national security concerns. These tariffs aimed to protect domestic industries but also had ripple effects on global commerce. Companies reliant on imported materials faced increased costs, prompting some to relocate production or pass costs onto consumers. The tariffs disturbed global supply chains, escalated prices for consumers, and incited retaliatory measures from trading partners, leading to a complex web of economic impacts that underscored how government policy can significantly influence commerce. Such government actions often aim to protect national industries but can also trigger unintended consequences, impacting prices, trade balances, and international relations.

Business intelligence (BI) refers to the technologies, applications, and practices for the collection, integration, analysis, and presentation of business information. The primary goal of BI is to support better business decision-making. It enables organizations to gather vast amounts of data from various sources, analyze it to identify patterns, trends, and insights, and then share these findings with decision-makers. A real-world application of BI is in retail, where companies like Amazon utilize BI systems to analyze purchasing behavior, inventory levels, customer preferences, and sales trends. This information helps Amazon optimize stock levels, personalize recommendations, and tailor marketing campaigns, ultimately improving customer experiences and increasing sales. By leveraging BI, retailers can make data-driven decisions that enhance efficiency, competitiveness, and profitability.

The controversy surrounding social networking privacy policies exemplifies the tension between data utilization and user rights. When a social network agrees to give Walmart access to user data—posts, messages, photos, usernames, and email addresses—it raises significant privacy concerns. Such data mining allows Walmart to gain detailed insights into consumer preferences and behaviors, enabling highly targeted advertising. However, this invasion of privacy violates users' expectations and trust, especially when it contravenes existing privacy policies. If I were to respond to this development, I would express my disapproval explicitly:

"I am deeply concerned about the decision to allow Walmart access to users' personal data without explicit consent. Privacy is a fundamental right, and social networks have a responsibility to protect their users' information. Sharing such sensitive data with third parties undermines users' trust and opens the door to potential misuse. I urge the social network to reconsider this policy change and prioritize respecting user privacy over commercial interests. Transparency and user consent should be at the core of any data-sharing agreement."

References

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