They must address what information is collected and stored as well as whether there is a business need for that particular information. Depending on the type of business operations, privacy laws govern how companies collect, store, and use customer identifiable information. It is important for business administration to ensure the company is in compliance with all federal and state privacy law to avoid consequences and losses stemming from security breaches of sensitive customer information. By doing so, customers build confidence in doing business with the organization.

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