Understanding and Upholding the Existing Guidelines
Understand the importance of respecting and upholding the existing rules and guidelines.
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Given the scenario below, select the approach that you would choose from the options provided.
Scenario
You’ve come up with an idea for a music sharing website for your startup that allows users to easily share their music and download music files for free, without any legal or financial repercussions. This helps promote the music and make it easily accessible. You and your team create the website and it immediately becomes a huge success!
Though you get a good response, you can’t ignore the fact that your company is also facilitating widespread copyright infringement. The decision you make as the CEO of your company is going to have far-reaching consequences.
On the one hand, your company has allowed users to share music files without the need for record labels or distributors, making it incredibly efficient and cost-effective. On the other hand, you’re facilitating the illegal sharing of copyrighted material.
As you weigh the pros and cons of copyright infringement, you must consider the ethical implications, the impact on the music industry, and the legal risks involved. It’s a tough decision, but one that will define the future of your company and the industry as a whole. So, what do you do?
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