The European Union legislation called the “General Data Protection Regulation” (GDPR) provides data privacy protections for consumers and has had a major impact on companies around the world.In your initial post, address the following as part of your response:What are the general requirements and major impacts of the GDPR, and how does this law differ from data protection legislation in the United States?How are companies outside of Europe affected by the GDPR?How do perspectives on the GDPR differ between consumers and businesses? Do perspectives vary by industry?Do you think there should be one data privacy law for the entire world? Balance your discussion by weighing the benefits to international companies with your knowledge of the differences in culture, politics, and government around the world and the importance of sovereignty of countries

For this discussion, please pick one of the following topics:Planning an Audit & the Regulatory DriversRisk Analysis & Best Practice FrameworksThe IS Audit Process & ConsiderationsCommunicating Audit ResultsControl Self-Assessments & Continuous AuditingFor the topic you have chosen, summarized what you believe this topic is about (1 Paragraph), as well as why it is important (Another Paragraph). Then, pick an organization you are familiar with (school, company you work for, company you want to work for, place you regularly go to, etc.), and talk about how you think they utilize or adhere to the topic you picked (The Final Paragraph). Please make sure your submission is sufficient enough to show to your instructor that you understand the topic you chose, you realize its importance, and you are able to apply the topic to a real world situation.

Topic: FLIGBY is about balancing people, profit and planet (sustainability and environment).Part 1Research the top companies that display a mix of the elements of Corporate Social Responsibility (CSR- represented by people, planet, and profit). Choose two that have been examined and reported on since 2017. Go into each of the companies’ websites and report on the following:1. What is their focus on the planet and how is that functionalized in their actions, spending and advertising?2. What is their focus on people and how is that functionalized in their actions, spending and advertising?3. Does it appear that each company’s efforts have a positive (or negative) effect in their profitability?Assure you use at least three sources; at least one for identifying the companies, and at least one pertaining to each company’s self-reporting of their CSR.Please read prior student posts, and assure the companies you cover are not repeats of the companies already discussed. You may use the same company only if you focus on a different CSR element. For example, if someone chose a company and talked about its focus on people, you may use the same company if the focus on the planet.Part 2Corporate social responsibility includes focusing on the planet, people, and profit. These challenges face Turul Winery and all companies. A focus on the planet is a topic that has a great deal of current relevance.In a reputable newspaper or periodical, search a current (2018-2019) article discussing government involvement in solving the ill-effects of climate change. What government involvement is discussed? What changes in business practices might be affected (be specific)? What social changes might be necessary (be specific)? What options does society have that can pay for the suggested changes (be specific)?Your response must be 300-400 words