Craft a hypothetical social media policy statement for a fictitious company.

Craft a hypothetical social media policy statement for a fictitious company. This policy statement of 500-750 words should consider the legal rights and ethical responsibilities of all stakeholders. Provide contextual background explaining why a social media policy is needed.
APA format is not required, but solid academic writing is expected.

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15

Order Now