How Do New Technologies Increasingly Enable Businesses to Collect and Use

question 45

Essay

How do new technologies increasingly enable businesses to collect and use vast amounts of personal data about their customers and potential customers? Explain.Do you think these trends benefit consumers or not,and why?

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Definitions:

Principal

The original sum of money borrowed in a loan, or the amount of money invested excluding earnings or interest.

Gratuitous

Given without receiving any value in return; often refers to acts of kindness or gifts.

Revoke

The action of taking back, withdrawing, or annuling an offer, right, or privilege.

Liability

The condition of having legal accountability for a debt or duty.