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Legal, Regulatory, Ethics Issues & Trends Paper

935 words - 4 pages

AbstractThe future of E-Business is going to be broad and vast, unfortunately we can't forecast the future just predict its possible outcomes. There may be things like Federal Commissions that oversee the laws that can protect its users. The future of home based employees utilizing their homes as their corporate offices. With the technology as affective as it is with net meetings, networks, workgroups and other corporate databases that make an employee just as efficient in their own home as in their office 30 miles away.Internet Trade CommissionThe entire world depends and strives on some independent fruit of E-Business today. The success or failure of E-Business companies thrives in the technology market and there are new legal and ethical issues that derive everyday. One major aspect of E-Business that I can see changing or developing in the next five years is an E-Business or E-Commerce Commission being created. This commission would consist of highly trained and previous E-Business professionals that can serve to help others in positions of help, direction and need. This commission of professionals could develop internet laws to help prevent against consumer and seller fraud. They could open the gates of trade and develop similar marketing techniques that cross country boundaries and are universal. This could consist of making a worldwide payment system similar to PayPal, acceptable in all countries to facilitate foreign E-Business trade.These commissions would have full regulatory control over the internet and inherently making laws for the internet like the rest of the world. If the internet is not put under a certain set of standards and expected to maintain a minimal level of ethical standards it will be overran by greed and crime. This is already a serious issue, but I think a special agency tasked only with the free flowing traffic of the World Wide Web they can minimize cyber crime dramatically. Now, this type of action comes with the left wing acting the rights of the users of the internet and impeding their 1st Amendment rights and so forth. This will slow down the progress of any such type pf commission; however, I think this would be a great agency.At Home Work ForceAnother evolving E-Business related strategy is the total home office atmosphere and still working for the corporate company. I have read several articles on this in the past in business magazines and it is a way of the future. It is mainly seen with women; however a small population is men. There are a growing percentage of very large companies who are paying some of their key employees to stay at home at work from their own homes. This is creating a huge buzz around the white collar market and is starting to take off. Many top executives, accountants, financial mangers and other very key people in several companies varying in size are staying home all...

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