{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

MGMT 305 week 1 IP

2 what are the business benefits of analyzing

Info icon This preview shows pages 7–9. Sign up to view the full content.

View Full Document Right Arrow Icon
2. What are the business benefits of analyzing customer purchase data and constructing behavioral profiles? This allows the credit card companies to correctly gauge the risk factor for each customer. Once they know that a certain customer may max his card out at least once every six months, they can take the correct actions to limit his spending or increase his interest rate accordingly. 3. Are these practices by credit card companies ethical? Are they an invasion of privacy? Why or why not? Some may argue that they are not ethical, but it’s their business to know to how you spending borrowed money. One would not go into a bank and ask for a loan without
Image of page 7

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Individual Project 1 8 explaining what it would be for. So the credit card companies follow the same strategies as banks and make conscious decisions on whether a customer is a liability or not. Chapter 4: 1. Which of the five moral dimensions of information systems identified in this text is involved in this case? The focus of this case is on the accountability and control moral dimension. It is stated that as drivers continue to use cell phones while driving, they are held responsible for any consequences that may occur from this action. 2. What are the ethical, social, and political issues raised by this case? The ethical issue raised in this case is the concern for safety of others while individuals text or make phone calls while driving. The social issue brought up is addiction of many individuals to their phones. It has become a socially acceptable for everybody to continue to stare at their phones regardless of what they are doing. The political issue raised in this case is the laws across the country that is being put in place to enforce the ban of usage of cellphones while driving. 3. Which of the ethical principles described in the text are useful for decision making about texting while driving? The most useful ethical principle for this situation would be the Golden Rule principle. No one would want to be put in the position of the victim where he or she is injured or fatally harmed. With that thought in mind, you would not want to harm another.
Image of page 8
Individual Project 1 9 References Laudon, K & Laudon, J. (2012). Management Information Systems: Managing the Digital Firm. 12 th Edition. Prentice Hall. New Jersey.
Image of page 9
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern