Product safety (Chapter 6) P.289 Approaches Moral responsibilities In the increasing complexity of today’s economy‚ business more depended on their customers in survivable and profitable operation. Thus‚ business has responsibilities to customers and satisfies their needs‚ especially in the area of product safety. From toys to tools‚ cars to baby cribs‚ consumer uses countless products every day. They are undesirable that will be harmed or injured by products. For these reasons‚ society
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P5 Explain the legal and ethical issues in relation to the use of business information Definition: Ethics concern an individual’s moral judgments about right and wrong. Explanation: Business information belongs to the business owner and any kind of use of the business related information should be used as per the company policy. There are legal consequences in breaking the rules (code of conduct & code of practice). Staff member needs to use his/her ethical judgement to decide what is
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A company’s product line consists of a set of products that relates to one another; for example‚ a line of breakfast cereals. The product mix combines several product lines. A company may sell a line of breakfast cereals‚ a line of laundry detergents and a line of household cleaners. Building and managing a profitable product mix can give a company a large market share and create multiple income sources. Sponsored Link Show your ad here Rs.2000 credit and 30 day support Advertise Now!www.Google
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Elektra Products used to be the leading manufacturer and retailer of electrical products and supplies. The company experienced a cloud of problems: market share was declining and product ideas were limited. Departments didn’t communicate with one another‚ morale was very low and many employees were keenly seeking other jobs. As market share is declining‚ this means that the company isn’t making sufficient profit and revenue. To improve‚ the company could make a survey to see what their customers
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creates harm should make things right by compensating those harmed II. Classification of Torts * In the US‚ torts are classified as intentional‚ negligent‚ or strict liability. * Negligent Torts occur when the defendant acts in a way that subjects other people to an unreasonable risk of harm * Strict-Liability Torts occur when the defendant takes an action that is inherently dangerous and cannot ever be undertaken safely‚ no matter what precautions the defendant takes *
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There are many ethical issues in the healthcare field. These issues range from insurance coverage‚ senior care‚ childhood immunizations‚ beneficence‚ abortion‚ medicinal marijuana‚ honesty and medical research (Fritzsche‚ D.‚ 2004). Today we will discuss the ethical concerns in only one aspect of heath care and that topic is research (Benatar‚ S.‚ 2000). Medical research is necessary in order to make strides in health care‚ introduce new medications‚ to discover new symptoms and disorders and to
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NEW PRODUCT LINE DEVELOPMENT Dark Chocolate with Omega 3 Masterand: Onaca Andra Maria Anul I FQM -2009- TABLE OF CONTENTS 1. Introduction……………………………………………………..………………………3 1.1. Basic Product Development Process Flow………………………….………………………..3 1.2. Challenges in Today’s Environment…………………………...…………………………….4 1.3. About Company…………………………………….…………………………………………6 2. New Product Development Process……………………………………………………9
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Adam Gonzalez Individual Research Project BA: Business Law (3301) Thursday 7:00 – 9:45 November 17‚ 2011 University of Houston – Downtown 100 Main St. Houston‚ TX 77002 Adam Gonzalez Engagements‚ Responsibility and Liability: Ethics Implications People act unethically for a number of reasons. Unethical behavior is defined as behavior that contravenes rules designed to maintain the fairness and morality of a situation. The study of business ethics and its implications for different
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Product distribution (or place) is one of the four elements of the marketing mix. An organization or set of organizations (go-betweens) involved in the process of making a product or service available for use or consumption by a consumer or business user. The other three parts of the marketing mix are product‚ pricing‚ and promotion. The distribution channel Distribution is also a very important component of Logistics & Supply chain management. Distribution in supply chain management refers to
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Explain various levels of Product with examples? (10 Marks) For many a product is simply the tangible‚ phsysical entity that they may be buying or selling. You buy a new car and that’s the product - simple! Or maybe not. When you buy a car‚ is the product more complex than you first thought? In order to actively explore the nature of a product further‚ lets consider it as three different products - the COREproduct‚ the ACTUAL product‚ and finally the AUGMENTED product. These are known as the ’Three
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