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Information as a commodity
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In today’s society, information has an immense influence the success of almost anything relies on information technology. In relation to business gathering information is a main sector of the work. ... This essay discusses the issues involved with information as a commodity. ... Data when processed forms information and is a valuable resource of capital and therefore power. As a community information is vital to the world’s welfare. In most fields of work, for example education information is continuously recorded this data is kept for continuous analysis as it forms the basis for decision making.
However, a decision can only be made with information that is accurate and up to date. ... In an environment such as this, there is a variety of personal information stored about each pupil. ... In which any person, organisation company or business that wishes to hold personal information about people, must register with the office of data protection commissioner and then abide by certain rules. ...
The data protection act exists to protect the privacy of individuals, it’s main areas of concern being that data and information should be secure against loss, damage and unlawful processing, instead to be processed fairly and lawfully, and to be adequate, irrelevant and not excessive for the purpose (see appendix 1 for Data Protection Act). ... As the information about you and what you brought goes on to a database, so advertising can be linked directly to a person with the correct interests for the particular product. It would also help stop the misuse of the information held about the person.
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Paper Information
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Title: Information as a commodity
Words: 1239
Rating: None
Pages: 5
submitted by: Gemboz2001
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