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BUS 311 Week 5 Discussion 1, Intellectual Property and Technology.2022

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BUS 311 Week 5 Discussion 1, Intellectual Property and Technology.2022

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Running head: WEEK 5: DISCUSSION 1




Week 5: Discussion 1

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, WEEK 5: DISCUSSION 2


Discussion 1: Intellectual Property and Technology

Internet business has enabled numerous firms despite size to perform on the international

market through electronic communication. However, advanced technology has significantly

increased the challenges over the internet business, where domains are given as trademarks

(Rogers, 2012). Presently, even though the internet business platform has acquired a registered

domain, there lacks security and privacy since, with technology, one can copy let say movies and

music without the consent of the royalty. According to Rogers (2012), several challenges have

emerged about the legal concerns over the internet business among them how to incorporate the

traditional laws and rules of demand and supply in the online transactions, to balance the free

flow of information and communication including protection of privacy. Hacking, cyberbullying

and counterfeit are other issues raised by internet trading, which is so difficult to control since

there are no limited boundaries for system users.

I predict business system hacking will be the primary concern in the future as regards to

the law and business practices. Technology continues to be the talk of the day, and young

persons are giving it much attention to learn and develop something unique out of it; there are

repeated cases reported about malicious people trying to access online business such as banking

or governmental systems to transfer monies or acquire sensitive information about the institution.

The routine tents to increase with more people getting access to improved technology; the

primary issue is that a hacker in China or Russia can easily get access to your computer just like

someone in the neighbourhood could do (Rogers, 2012).

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