Which of the Following Is True About Software Piracy in China

question 14

Multiple Choice

Which of the following is true about software piracy in China?

• A) The Universal Copyright Convention of 1952, as revised in 1971, allows certain types of software to be copied.
• B) Although China has imposed fines for piracy, no one has been imprisoned for such an offense.
• C) Since 1999, progress on software piracy in China has not been made.
• D) Since 1999, progress on software piracy in China has been made, though slowly.
• E) China has strict intellectual property laws.

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Definitions:

Vertical Integration

The expansion of a company's operations into different stages of production within the same industry, usually to increase control over the supply chain.

Cost-Based Price Model

A pricing strategy where the selling price is determined by adding a mark-up to the total cost of production.

Open Its Books

The act of a company revealing its financial information, including revenues, expenses, and profits, to the public or specific entities.

Outsourcing

The practice of hiring third-party vendors to perform tasks, handle operations or provide services that are either difficult to manage or outside of the business's core competencies.