MGMT 520 Week 6 Homework Assignment

| November 9, 2018

Week 6 Homework Assignment

As e-commerce continues to grow in the
United States and abroad, new consumer protection laws are needed. Use the
Internet to research recent developments in
consumer protection for transactions through cyberspace. (Kubasek et
al., 2013, p. 754-5). Consider cyberspace consumer protections that may affect
the business in which you work, in which you would like to work, or from a
situation you have experienced. Think of this issue from the perspective of a
business working with customers; consider how protecting customers may cost
your business profits, or, how it might make your business profits by
“differentiating” your business from others like it. Then, consider this from
the perspective of a legislator or regulator, trying to protect customers from
this situation. (Some ideas: identity theft, credit card interest rates,
airline baggage fees, etc.). Be creative.

Put yourself in
the shoes of a legislator and propose (make up) a government regulation, or law
that you would like to see enacted. Think of the consequences (good and
bad) of the proposed regulation or law that you have suggested to businesses,
and to consumers. Consider any unintended consequences that might occur.

Note – you
will not look up a regulation that someone else has already written like we did
for the Week 2 Assignment. You will think up a regulation yourself.

10 points of the
65 total for this assignment are allocated to References:

1. Include a reference(s) from the problem(s) you found in
your online research. (5 points) (These points are a part of the points for
question 1a)
2. APA formatting required. (Cite your sources and put
direct quotes in quotation marks) (5 points)

Answer these
questions:

1. What is the regulation or law that you would
propose? Be very specific in the wording. (This will be your own idea and
written in your own words). (20 points)
Answer:

a. What problem did you find in your research
online that your regulation plans to address? Include a citation to the
article(s) that describes the problem. (10points)
Answer:

b. What consequences might your proposed
regulation/law have on affected businesses? Describe one good and one bad
consequence. (10 points)
Answer:

Good consequence (5
pts):

Bad consequence (5
pts):

c. What
consequences might your proposed regulation/law have on protected consumers?
Describe one good and one bad consequence. (10 points)

Answer:

Good consequence (5
pts):

Bad consequence (5
pts):

d. Consider unintended
consequences. What might one be? Describe it. (5 points).
Answer:

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