ITM 102 Chapter Notes - Chapter 4: P3P, Nora (Band), Risk Aversion

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Chapter 4 social, ethical, and legal issues in the digital firm. Piracy rate pegged at 38%; there are more than 30 000 jobs that have been lost, resulting in about billion in wages and salaries lost and more than million in tax revenues lost. Tech data hopes its anti-piracy program will help its customers recognize pirated software and pursue purchasing legitimate software. 4. 1 understanding social, legal, and ethical issues related to systems: ethics refers to the principles of right and wrong that individuals, acting as free moral agents, use to make choices to guide their behaviours. It raise new ethical questions for both individuals and societies because they create opportunities for intense social change and thus threaten existing distributions of power, money, rights, and obligations. Like other technologies, such as steam engines, electricity, telephone and the radio, It can be used to not only achieve social progress, but also commit crime and threaten cherished social values.

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