Legislation

Question 1

What is the Privacy Act 1988?

Answer 1

A federal act which provides the basis for consistent regulation of privacy and handling of personal information

Question 2

What is the Data Privacy and Protection Act 2014?

Answer 2

A state legislation which provides the public with responsible collection and handling of personal information

Question 3

What is a Stakeholder?

Answer 3

A Stakeholder is a Person/company with a vested interest

Question 4

What are some advantages of Information Systems?

Answer 4

o Faster data entry
o Faster processing
o Cheaper (after setup)
o Greater security (potentially)
o Gives employees new skills
o Looks professional

Question 5

What are some disadvantages of Information Systems?

Answer 5

o Loss of jobs (system improves efficiency)
o Reliance on stable electricity source (not usually an issue)
o Lack of personal contact for purchases
o Security (if unreliable)