Final answer:
An international company must prioritize legal and regulatory compliance, including the impact of privacy laws and data security, when analyzing government requirements for data storage and usage. Other factors like labor costs and access to suppliers also play a role, but cybersecurity and privacy are increasingly crucial concerns.
Step-by-step explanation:
When an international company considers its analysis of government requirements for data storage and usage, it should focus on various aspects including legal and regulatory compliance, privacy laws, and the security of data. Companies must also analyze how different government systems around the world treat the rights to privacy, self-determination, and freedom of expression. Additionally, they should consider the paradox of tolerance in relation to the government's regulation of unacceptable information.
Environmental regulations, though a factor, typically constitute only 1 to 2% of the costs faced by a large industrial plant and are less impactful compared to other considerations like labor costs, access to suppliers, proximity to customers, infrastructure quality, tax levels, and local government effectiveness. However, cybersecurity and data privacy issues are escalating concerns due to the threats of digital information being stolen or misused. Hence, it is essential for companies to stay informed about state and federal laws, such as the Children's Online Privacy Protection Act (COPPA) in the U.S., and robust data privacy laws in European countries that may influence business operations.