Successful Business Using BIS: Characteristics, Significance, Opportunities and Challenges of Information Privacy in Ruskin Global Transport

Successful business
using BIS

Table of Contents
INTRODUCTION...........................................................................................................................1
Task 1...............................................................................................................................................1
Identify and evaluate the characteristics globally of information privacy.............................1
Identify and evaluate the significance globally of information privacy.................................2
Task 2...............................................................................................................................................3
Organisational opportunities posed to Ruskin global transport by information privacy........3
Organisational challenges posed to Ruskin global transport by information privacy............4
Task 3...............................................................................................................................................6
Apply the value chain and/or virtual value chain to analyse how value is created and delivered
in Ruskin global transport by information privacy.................................................................6
CONCLUSION................................................................................................................................7
References........................................................................................................................................9

INTRODUCTION
Business information system is defined as the information system which helps in
providing the information to the business which assist in the decision making process in an
effective and efficient manner. It is used using computing and information technology which has
the primary components of hardware and software along with the data and procedures or people.
It further includes the designing and developing along with the documentation of the relevant
information and necessary data to the business. Information privacy can be defined as the
privacy of the personal data either big or small data within organization (Cottrill, 2020). The
following report is generated on the transport sector based on Ruskin global transport
organization. The below discussion is based on the characteristics and significance of
information privacy and various organizational characteristics and challenges posed by
information privacy. Moreover, applying the value chain to analyse creation and delivery of
value by information privacy with proper conclusion.
Task 1
Identify and evaluate the characteristics globally of information privacy
There are various characteristics of information privacy. Secrecy is one of the
characteristic. This is because secrecy is similar term to the privacy. This is related to the privacy
and secrecy of information. Organization has to first identify that what are all the data or
information which must be protected from unauthorised and unauthenticated sources. Then
accordingly, all such data will be differentiated so that the special personal protection could be
given to such information. This information is known as the secretive data which the
organization follows all the general data protection regulations guidelines in order to safeguard
the data in an appropriate manner. That is why maintaining secrecy is one of the feature of
information privacy. Anonymity is an another characteristic (Rasool, Zaidi and Zafar, 2019).
This is because it states that the data or information which is protected by the firm must be
unknown to the general people who don't have access to the information. Employees who are
authorised and authenticated can only be informed about the information and its privacy
otherwise such protection and its access will remain anonymous as per the needs and
requirements of the company. This is a feature of information privacy which is highly relevant in
terms of the big data management. The reason being is that staying anonymous means that if the
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hackers will not be getting nay idea of the privacy then they will not be breaking any passwords
for data breaches. Solitude is also an another characteristic. This is because it states that the
information must be kept alone in a private place irrespective of any relation with other forms of
data kept nearby. The reason being is that if the information is kept alone and separated then it
can be difficult for the hacker to reach out to the information for losses and breaching. This
features further supports in the proper evaluation of the information without any confusion and
complications with the easy solutions and management of data for better decision making
process (Mohsin, Abbas, Zhang and Iqbal, 2019).
Identify and evaluate the significance globally of information privacy
There are various significance of information privacy. Maintaining good reputation of the
business is one of the significance. The reason being is that if data is protected then it will be
having the less chances to get beached or lost which helps in the maintenance of the data and
good reputation in the market place. Protection of the customers privacy is an another
significance. This can be factor of maintaining good reputation of the firm because of the
customers personal data is safeguarded then reputation can be also be maintained in an industry.
This data involves the personal credentials. Big data management is also one of the significance.
The reason being is that now a days it is a big task of managing the large databases and handling
the big data in order to predict future and conduct analysis for the same. That is why privacy of
such information is important for the big data management. Supports the ethics code is also an
another significance (Sandu and Gide, 2019). This is because information privacy is related with
the following of the several instructions and guidelines of the various data protection act. This
way company can follow such ethics of data. Provide competitive advantage is one of the
significance. Data protection brings competitive edge to the firm because if the data is protected
then it can be analysed according to the market conditions which finally supports in gaining the
competitive advantage to the firm. Enhances level of productivity is an another significance. The
reason being is that data is protected majorly which is important to the firm which gives good
level of productivity. Such information is required to be safeguarded for further analysis and
improvements in the performance that ultimately provides the brand value of the firm.
Encourages adoption of advanced technology is also one of the significance. If the strategies of
data protection is successful by the organization then it motivates the firm to implement other
essential updated technology which further improves the functioning of the company. Supports
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