Examlex
As the use of the Internet grows around the world,there must be as easy an exchange of ideas and information as possible between countries.One important issue is opt-in versus opt-out.In general,European websites have opt-in policies while U.S.websites have opt-out policies.Opt-in means customers must ask to be involved in data collection and marketing while opt-out companies automatically include customers in data collection unless the customer specifically asks not to be included.Europeans believe it is unethical to invade someone's privacy.Americans are not nearly as protective of their right to privacy.What ethical factor is illustrated by this example?
Productivity
The assessment of how effectively a person, machine, factory, or system can transform inputs into valuable outputs.
Labor Input
Refers to the total hours worked or the number of employees engaged in production in the economy.
Goods and Services
The tangible products (goods) and intangible activities (services) that satisfy human wants and needs and are offered in the market.
Market Economy
An economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
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