Article Review Essay Example | Topics and Well Written Essays - 500 words - 25

Article Review - Essay Example The authors asserted that there is a need for small and medium enterprises (SMEs) to focus on aligning knowledge on information technology (IT) and internet laws to avoid legal sanctions and violations associated with non-compliance of standards in operating their businesses. Several recommendations were explicitly disclosed by the authors to run SMEs legally and ethically. compliance, intellectual property, electronic marketing, information security, and data protection (Iqbal, Khan, & Naseer, 2013). The authors provided readers with the relevant regulations that would ensure mitigation of the identified legal risks in each of the identified category. For instance, for businesses that require enforcements of patents, the â€Å"Patents Act 2004 protects the inventions through legal protection† (Iqbal, Khan, & Naseer, 2013, p. 5). Likewise, the Intellectual Property Office was noted to have the jurisdiction and governance for ensuring adherence to patent laws. Concurrently, the Data Protection Act of 1998 was revealed to be responsible for protecting personal information of the public (Iqbal, Khan, & Naseer, 2013). The legal issues which were identified and discussed affected electronic businesses in terms of the exposure to risks that could jeopardize the normal operations of the entities. Aside from being potentially preponderant to legal or ethical complaints from customers and other stakeholders, unfamiliarity with legal laws, as well as ethical standards would expose the SMEs in different levels and degrees of risks. As emphasized, â€Å"the unauthorized alteration of contents of communication, malicious communication on behalf of an organization etc. are some of the risks attached to information security and cause reputation damage, financial losses, loss of trust and loss of information to the company† (Iqbal, Khan, & Naseer, 2013, p. 7). As such, the recommendations proposed by the authors assist in mitigating these

Assignment Coursework Example | Topics and Well Written Essays - 500 words

Assignment - Coursework Example This has resulted in downgrading of economies as well as reduction in growth forecasts for various countries around the world by leading agencies like S&P, IMF etc (The Guardian, 2011). The fluctuation in the economy as well as rise in deficits has led to various kinds of spending cuts on the parts of the government of various countries around the globe. The fierce economic swinging in the recent times has also produced severe fluctuations of indexes of industrial productions in various established economies like the US for a prolonged period. Many of the industries belonging to various sectors like hospitality, agriculture, retail etc. have been severely affected. (THE WESTERN UNION COMPANY, p.19) This fluctuation in industrial production has in turn resulted in significant cost cutting by the companies around the world, which in turn affected the job market and thereby hampering consumer spending (AccaGlobal, p.7). The operations of Western Union highly include the transfer of fina nces on the part of the consumers as well as business houses to various parts of the world. The gloomy scenario emerging out of the inability to resolve the ongoing Euro crisis by the national political parties has led to prolonged variations in job opportunities there by immensely hampering the spending on the part of the consumers. (National Bureau of Economic Research, P.9) The peer reviewed article highlights the problems that arose in the auto industry in the US during the 2008-2011 periods as a culmination of low sales, high structural costs as well as debts (Klier and Rubenstein, p.1-21). The paper also discusses the related governmental procedures that happened during that period ranging from the unavailability of a consensual decision to provide support to the carmakers to the issuance of financial assistance for a short span by the outgoing political party. The paper rightfully discusses