Explain What Online Companies Are Doing to Address Consumer Worries

question 63

Essay

Explain what online companies are doing to address consumer worries about privacy and security when shopping online.

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Definitions:

Net Worth

The total value of all assets owned by a person or entity minus any liabilities owed.

Assets

Resources owned by an individual or business that have economic value or are expected to provide future benefit.

Liabilities

Financial obligations or debts owed by a company or individual.

Benefits-Received Principle

The concept that individuals should be taxed in proportion to the benefits they receive from government services.