First, consider whether or not the data collected will pose legal ramifications for Kudler. Are we as an organization going to implement security controls to protect the consumer’s credit information, such as, credit card numbers, customer name and billing address? Are we going to utilize the purchase cycle data to analyze the habits of our consumers to market more products? Are we going to sell any of this information to marketing companies to help us to conduct ad campaigns for Kudler Fine Foods? Second, how do we deal with the ethical challenges that come with a Frequent Shopper Program, such as, Kickbacks?
They also expect a professional level of service. Choose a product that might be sold to customers. Conduct some research to establish what customer expectations are in terms of quality, time and cost specifications. How would you market the product to the customer taking these expectations into account? Activity 2.2.docx Detail the methods and procedures that might be used by an organisation to communicate with customers to identify and agree on product/ service specifications.
The main purpose of this article is to discuss the Caux Round Table (CRT) Principles for Responsible Business which has described moral standards for suitable behavior in the workplace. Breaks in company honesty, whether among a small amount or a lot of individuals, compromise the beliefs of workers and for this reason the ability of an organization to provide people’s needs. The main idea of the article is to determine a universal code of ethics in the CRT and talk about the standards for behavior in the workplace. The most important information in this article is the principles themselves and the similarities and/or differences to Jerry White’s Biblical guidelines. The first principle of CRT is to respect stakeholder beyond shareholders
This process is essential because subsequent steps in the process of planning for achievement of the selected objective may be derived from the SWOTs. Marketing Strategies One of the first steps in the consideration of new product development and penetration of new product development is to analyze the market opportunity. Basically, we need to find out whether or not this venture is worth it. Our engineering team will need to determine the technical feasibility of the product idea. Once this is complete, our marketing team will need to determine the idea’s prospects in the marketplace.
Perform tests of controls and substantive tests of transactions. Before the audit team can safely reduce planned assessed control risk, they need to test the effectiveness of the controls (Arens, Elder, & Beasley, 2012). One control that can be tested for SDF is the inventory, all inventories, but specifically returned inventory. The best way to test this control would be to physically count the inventory and compare it to what the invoices say there should be. This will satisfy the existence objective.
Week 7 DQ 1: "Detecting Unethical Practices at Supplier Faculty" Please respond to the following: Assess the value of having a Supplier Code of Conduct when outsourcing operational functions to international markets and the enforceability of such a code. Evaluate whether or not you believe a U.S.-based company outsourcing jobs to foreign markets is ethical. Support your position. Assume that you have to make the decision to outsource work to a foreign market. Determine what country would be your best option.
P3,M2: In this report I am going to be talking about the different marketing research techniques a business can use to find out information about their business. As well as this I will be discussing the limitations involved in each marketing technique. Firstly what is marketing research? Marketing research is defined as “The process of assessing the viability of a new product or service through techniques such as surveys, product testing and focus groups. Market research allows a company to discover who their target market is and what these consumers think about a product or service before it becomes available to the public.” I am going to be relating this to Tesco for their marketing techniques.
Case Questions: Frito-Lay North America: The Making of a Net Zero Snack Chip 1. If you were Al Halvorsen, what considerations are in the forefront of your mind as you consider the net zero facility decision? If you oppose the idea, what arguments would you proffer? If you favor the decision, what would be your rationale? Consider how you would argue your case in front of Frito-Lay’s executive capital expense committee.
1. Does a corporation owe its first loyalty and moral responsibility to the financial interests of its owners or to the local community and its employees who are affected by its operations? Based on the Union Carbide and the Bhopal Disaster case, there are a few ethical theories that can be used to argue such as egoism, utilitarianism, ethic of care and virtue theory. Ethical egoism is part of consequentialist theory that focuses on consequences when making judgement. Ethical egoism is the prescriptive doctrine that all persons ought to act from their own self-interest (Philosophy.lander.edu, 2001).
Throughout this paper you will quickly realize that I am in favor of the concept in commercializing the sale of organ transplants. In defense of my position on this topic, I will incorporate the validity of my argument with sound moral judgments and principles through the normative theory of moral decision making. For and Against In today’s economy, businesses are in the market to make profit. The concerns business organizations have are making sure that their decisions are ethical when it comes to making profits. Good and sound business ethics have become the forefront in today’s business market.