In lessons learned from the Target case, what legal warnings would you give another retailer using data mining for marketing?
What will be an ideal response?
If you look at this practice from a legal perspective, you would conclude that Target did not use any information that violates customer privacy; rather, they used transactional data that most every other retail chain is collecting and storing (and perhaps analyzing) about their customers. What was disturbing in this scenario was perhaps the targeted concept: pregnancy. There are certain events or concepts that should be off limits or treated extremely cautiously, such as terminal disease, divorce, and bankruptcy.
You might also like to view...
Which of the following terms is used to refer to opportunities that are practical and physically possible?
A. sustainable B. achievable C. durable D. valuable
Byron Corporation forecasts that its income willbe $21,000 next year. The firm pays out 30 percent of earnings as dividends to common stockholders.Its target capital structure is 40 percent debt and 60 percent common equity. What Byron's retained earnings break point?
A. $35,000 B. $24,500 C. $6,300 D. $36,750 E. $10,500
All of the following are concepts used in a just-in-time inventory management system except
A. supplies arrive just as they are needed. B. safety stock is kept to reduce stockouts. C. much waste is eliminated. D. purchases are made in small quantities. E. purchases are made frequently.
Business rules must be verifiable by the stakeholders
Indicate whether the statement is true or false