Idsc 3001 Final: Information Ethics And Privacy

Front 1

Stockholder Theory

Back 1

to maximize the financial returns of hte stockholders

Constraints: thorugh legal, non deceptive means; to have a long-term orientation

Assumption: pursuing profits also promotes the interests of the society

Front 2

Stakeholder Theory

Back 2

stockholderes, customers, employees, suppliers, local community

respect rights of each stakeholder
give equal consideration to interests of all stakholders; adopt policies that product optimal balance for all

Front 3

Key disctinction between stakeholder and stockholder theories

Back 3

stockholder theory: all parties except stockholders are just a means to an end

stakeholder theory: all stakeholders are ends in themselves

Front 4

steps to take when issues arise if your company is following the stockholder perspective

Back 4

review legislation
avoid deception and fraud
assign probabilities to possible outcomes of alt actions

Front 5

steps to take when issues arise if your company is following the stakeholder perspective

Back 5

identify all stakeholders
determine each stakeholder's right
consider each stakeholde's right

Front 6

Opt-in

Back 6

unless subject has given permission for future use of data, it must be assumed that there is no consent for that use

Front 7

Opt-out

Back 7

unless subject registers an objection, it is assumed the additional use of data is acceptable

Front 8

what are the six managerial decisions

Back 8

1. data collection and storage
2. secondary use of personal data
3. data accuracy
4. authorized access to personal data
5. automated judgments on personal data
6. profiling using personal data

Front 9

when collecting peronsal data and storing it, what are three things to keep in mind

Back 9

don't ask more for more data than is needed, explain how data will be used, offer options to provide part of data

Front 10

when it comes to the secondary use of peronsal data, what are four things to keep in mind

Back 10

restriction on secondary use of medical data in us
external vs internal secondary data use (car dealership ex)
affiliate sharing concerns
"creative" use of friends data on facebook

Front 11

when talking about hte accuracy of peronsal data , what is one "example gone wrong" to keep in mind

Back 11

alice arias story on subsized housing (two diff alices and one couldn't get housing becuase the wrong credit score had been given to her; lost 15,000 and didn't have place to live with her kids)

Front 12

when authorizing access to personal data, what are 4 things to keep in mind

Back 12

need tech controdl to allow restricted access
create policies to describe who does/does not have such a "need to know"
physical blocking devices in clicks
people get fired for unauthorized access

Front 13

what are 2 cases to keep in mind when making automated judgments on personal data

Back 13

richard nolan for american express (he was dead and his wife filled out a fake application)
college students in history, art, english (a student switched their major from math to english and then found it way harder to get a credit card