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Ethical or Unethical Practices and the Music Industry

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Assignment Comment on how widespread illegal transferring is on college campuses. Response Although universities have worked to prevent the illegal transfer of music downloading on college campuses, it is still a growing problem. Most of it stems from the students perspective that the transfer of music is harmless and until students have taken some type of ethical course, they cannot see the ramifications of their actions. From a personal perspective, I honestly really never thought too much about it until I started looking at it from a business perspective. I would be upset if the song I created and sang was losing money because someone did not want to pay for the proper uploading charges. It would be no different than if the music was downloaded on a CD and someone walked into the music store, put the CD in their pocket/purse, and walked out the door without paying for the music. There are some students who have the mentality that the artist makes too much money, so they won't miss the $.35 for this one song; however if 1 million students did that across the nation with at least 3 songs a week it would cost the artist at least $1,050,000 a week. This is just one week and when you multiply that for 1 year, this artist is losing a lot of money. I know my example I am about to give is not the music industry, but let’s say Wal-Mart is selling rubber bracelets your company designed for $.99 and you make $.35 profit for everyone sold. Now someone comes into the store and they figure you will never know that they took one of your bracelets, so they steal it; however if 10,000 people did this a week for a year, it would affect your profit margin and possibly cause your company to raise the price to cover the cost. Some might argue this is the reason a company carries insurance, but music is less tangible so how would you know exactly how many illegal downloads happened a week if there was not a way to track it, like you would if it was tangible inventory. The illegal transfers lead to the creation of a diffe

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