ITM 301 Chapter Notes - Chapter 4: P3P, Categorical Imperative, Risk Aversion

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Chapter 4 itm social ethical and legal issues in a digital firm. Information technology is introducing changes for which laws and rules of acceptable conduct have not yet been developed. Increasing computing power, storage, and networking capabilities including the internet expand the reach of individual and organizational actions and magnify their impacts. The ease and anonymity with which information is now communicated, copied, and manipulated in online environments pose new challenges to the protection of privacy and intellectual property. The main ethical, social, and political issues raised by information systems center around information rights and obligations, property rights and obligations, accountability and control, system quality, and quality of life. Recent examples of failed ethical judgment by managers. Government of canada sponsorship scandal, wherein the government apparently paid favoured marketing firms for services that were not needed/ provided. Enron top three executives convicted for misstating earnings using illegal accounting schemes and making false representations to shareholders.

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