E-commerce is commonly known as electronic commerce and now already become a virtual main street of the world. Since many organizations target clients from a plethora of different backgrounds and geographical locations, building a truly diverse organization should be a key value for companies wishing to achieve success. Many businesses leverage business ethics not only to remain clean from a legal perspective, but also to boost their public image. Individuals interested in becoming an ethical hacker can work towards a certification to become a Certified Ethical Hacker, or CEH. Her main areas of focus are technology, business, CRM, e-commerce, privacy, security, arts, culture and diversity. When a manager gives preference to a favorite or senior employee or provides a solution that only works in favor of one party, they are participating in unethical behavior. There are limited amounts of laws online so There are no physical market places and the entire process of marketing and selling of goods, takes place on-line or electronically. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. E-Commerce has the ability to provide secure shopping transactions coupled with instant verification and validation of credit card transactions. This can include a number of different situations, including how a … Aristotle even proposed a few of his own ideas about business ethics. Being open to their struggles and coming to the table with solutions will show empathy -- a valuable tool for any business to utilize. Data protection. However, business ethics as we know it today arose in the 1970s as a field of academic study. Earning from a routine may look dubious, And they do can make a profit off it. E-commerce fraud popped out with the rapid increase in popularity of websites. Electronic commerce (or e-commerce) has evolved over the years to become a major channel through which businesses can exchange goods and services, coordinate production and market to customers. People are savvy and will see through an approach that is designed to attract consumers, or build or restore a reputation. For example, if a customer comes into a store looking for a product that meets very specific needs, it's important to provide them the best product for the situation described instead of upselling them or encouraging them to buy a product that won't meet their needs. Starting an E commerce business has never been easier. For example, if a company has a high-performing employee who is asking for a promotion, they may say that there is no room in the budget for a promotion this year. Part of being fair is providing everyone with an equal opportunity to be employed at the company. These include the manufacture and sale of sustainable items made from recycled and recyclable products, the publication of efforts made to use renewable energy and reduce water waste, and of course, packaging. ethics in e-commerce and information technology Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. See more. E-commerce is a means of conducting business, where the buying or selling of goods and services or the transmitting of funds or data, occur via electronic medium. Ethics goes beyond the legal requirements for a company and is, therefore, about discretionary decisions and behaviour guided by values. Having an employee share this kind of information on their personal accounts is not only disrespectful of the patient's privacy, but could also put the hospital at risk of violating HIPAA regulations. Here you interact with the seller (Amazon), exchange data in form of pictures, text, address for delivery etc. E-commerce activity often involves collecting secure data such as names and phone numbers associated with email addresses. This certification is provided by the International Council of EC-Council (E-Commerce Consultants). Its subject consists of fundamental issues of practical decision making, and its major concerns include the nature of ultimate value and the standards by which human actions can be morally evaluated.

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