CYB_320_week_4_IndividualAssignment.docx Country Presentation to the Board of Directors

CYB_320_week_4_IndividualAssignment.docx    Country Presentation to the Board of Directors   CYB/320    U.S.-based Company  China-based Company  Classical Ethical Theory  Upholds Utilitarianism. Encourages entrepreneurship, innovation, productivity. Promotes view of entire system of exchange. Greatest good can culminate into self-interest. Science, laws, and religions are the anchors of business culture. Hence U.S company is based on the equity of every individual  The prevalent ethical decision principle in China is act utilitarianism. Rule utilitarianism is unpopular. Chinas economic transformation is geared at market mechanism; companies are more inclined to assess business activities based on whether it can yield the greatest possible good for the stakeholders than to translate utilitarianism standards to ethical business codes. Morality and art are the backbone of the business. China ethical standards are relationship-based. Chinese culture regards the fairness of all hence egoism and individual rights are not considered as ethical norms.  Privacy  data privacy laws incline to a minimal approach since relevant rules are dispersedthrough multiple laws with narrow spans. Privacy rules are limited by the constitutionally protected right to freedom of speech.  China has stronger data protection requirements than the U.S. Chinas Cybersecurity Law on data protection and privacy along with the 2018 Specification, is a clear illustration of its dedication to personal data security and privacy. Protection of personal in