Solution Of Gdp

Personal data should be processed fairly and lawfully, this can be achieved by asking the employees to use their information, on the employment contract.

Analyze the external and internal environment for opportunities, threats, strengths, and weaknesses that impact the firm’s competitiveness.

Save time and money and increase pricing competitiveness and productivity by utilizing automated features such as electronic forms.

External environment aims to help an organisation to obtain opportunities and threats that will affect the organisation’s competitive situation. External opportunities are characteristics of the external environment that have the potential to help the organization achieve or exceed its strategic goals. External threats are characteristics of the external environment that may prevent the organization from achieving its strategic goals. Therefore, organisations must formulate appropriate strategies to take advantage of the opportunities while overcome the threats in order to achieve their strategic goals.

All companies are affected by external factors. In order for a company to sustain or gain a competitive advantage it must constantly analyze its threats

Information stored allows us to consider promotions, planning training & associated costs, work force planning

about the customer to nonaffiliated third parties; and to provide the customers with a method to

The GDPR (General Data Protection Regulation) is a new piece of data protection legislation that was passed into law by the parliament of the European Union on 14th of April 2016. Full enforcement of the law will begin midnight on the 25th of May 2018, updating existing non-binding guidelines passed in 1995. The GDPR introduces a raft of measures aimed at giving greater protection and informed consent to consumers as to how their personal data is stored and used by companies and other public organisations operating within or doing business with the EU, via a general policy called Privacy by Design. This legislation will also apply to all companies outside of the European Union

With growing technology and globalization, the volume of data is increasing day by day. Big Data world is drowning in data that is generated every day. Big Data provides us with valuable data and this in turn raise concerns how to maintain this data. Think about your daily data footprint. Say for example your every action on web is being monitored like website you visit, queries you make through search engine, all type of transaction, location services, pictures, and status post update. Would you like your confidential data to be leaked or would you like someone to continuously monitor your move on web. These are some of the privacy concerns in Big Data. Therefore there is always conflict between Technology and privacy and that is not new to us, except perhaps now in its greater scope, degree of intimacy, and pervasiveness.

This analysis consists of analyzing the external environment of the company (competitors, social, technological, regulations, etc.). The purpose is to identify the key opportunities and threats in the environment.

An analysis of the external environment includes the factors in a business’s external environment about a business's industry, competition, and political and social environments, and affects the firm’s strategy (Aaker, 2001).

The purpose of this memo is to describe ongoing big data revolution and to show how digital privacy considerations for same can be addressed by adopting recommended options.

There will be 2 parts to external analysis; it will be done based on general environment and competitive environment. External analysis is basically analyzing the factors that are not within the control of an organization for the general environment part. As for the competitive environment part, the strength of an organization’s current competitive position, and the strength of a position it is considering moving into will be identified to help prepare itself for every possible happenings in the near future.

The European Union has spent years drafting a new set of rules and regulations for data protection. After it adopted a framework in 2016, preparations have taken place to implement it. The General Data Protection Regulation (GDPR) will finally come into effect on 25 May 2018. But what should you know about it?

External environment is quite important for the any company, because it creates the conditions that the organization need to run the business in. In order to develop company strategy successfully, the external environment need to be analyzed properly. One of the best techniques to do that is Five Porter’s Forces analysis.