The decision to recall the trailers would be best for the Company and for society as a whole. When adding the pros and cons of doing nothing about this new found manufacturing flaws in the trailers, the cons out weighs the pros. With out a recall the company will see a 12,000,000-dollar increase in insurance premiums alone, with the loss of business and legal fees the business can potentially go under. The effects on society are even greater. With an estimated risk of 22 deaths that has the potential affected hundreds of people in society.
In contrast, the total cost for installing the gas tank fix on Pinto's ($11 per vehicle) was $137 million. Due to the application of the Utilitarian Calculus, Ford went with releasing the vehicle without the installation. The amount of pleasure bestowed amongst Ford and its stakeholders supposedly seemed higher than the amount of pain that was inflicted upon the general public. This statistic serves to treat human beings as means and certainly not ends. When rationally calculating benefits in contrast to the costs of a decision, an increase in “utility” (such as happiness) may outweigh the damages, sufferings and deaths of few.
As the items would go to the furthest possible area the company deals with, there is little risk that the whistles would return to the U.S. Making any potential litigation issues minimal. The potentially negative aspect of this scenario is if consumers of any country were to find out there would be backlash, both domestic and international. No matter the regulations of the specific country we could send the whistles too, the most significant concern is that we would be perceived as valuing our children over those of other countries. Alternatively we could repackage the whistles to go to a different target market. The U.S. regulations prohibit the lead content to be distributed to children 7 or younger.
At GreenTeam, we chose the most cost effective ECM’s that will help bring NTA to both their 2015 and 2020 goals in under the projected time and under budget. Cost Cost is one of the most important aspects of this transition, and business as a whole. It was very important to not go over budget, and not spend money the company does not have. If the company continually stays in the red, and does not move over to the black, then the company is a ticking time bomb which will sooner or later need to close shop, or declare bankruptcy. We here at GreenTeam did not under any circumstance want to start NTA in the red.
First of all recycling process would be upgraded and safety would be guaranteed and most of issues won’t even exist if company would truly follow their ethos. At the end where Bayer was put in the corner with lawsuits they decided to develop better recycling program but still it
Life without parole costs less than the death penalty (Marceau & Whitson, 2013). The death penalty is much more expensive than life in prison, mostly because of the upfront costs of the legal process which is supposed to prevent executions of innocent people. Many opponents of the death penalty argue that the millions of dollars saved by instituting life without parole could be used for education, drug and
Options 1: Harvest Professional-Tradesmen Channels; * In this strategy, B&D would focus on the Consumer and Professional-Industrials segment, focus on profitability even expense of market share * Option appears reasonable, but it could be damaging to the B&D Corp. * According to BCG approach, the decisions should be based on SBUs relationship to market growth rate and market share. * In the BCG matrix below, since Makita has 50% market share and B&D has 9%, relative market share for B&D is 0.18x * If B&D chooses to harvest the company, focus on profit rather than market share and wind up forcing the company to become a dog when it could have the potential of being a star. * One major factor the 1st option ignores is the high product ratings, which shows great deal of potential. 2: Get Behind Black & Decker Name with Sub-Branding * In this strategy, B&D can sub-brand current products in order to re-establish the brand. * Presents a way to tap the potential of high product ratings by rejuvenating the brand Issue –with brand currently: * negative view of the B&D brand * OTJ site, tools are status symbol * Thus by adding catchy names like ‘Piranha’, ‘Sawcat’, ’Super Sawcat’, B&D could theoretically raise its brand image…..
This will leave no Muscadines for Marshall. This output contract will be beneficial to Wayne’s company, since it will allow the company to get a higher price for the Muscadines, and if he has a bad year due to drought, or other problems, he will only have to supply the output that is possible in good faith (Output, Requirements, and Exclusive Dealings, 1975). When Wayne stops doing business with Marshall; Marshall will have at least three legal causes of action. The first being that there may be a breach of contract. This could possible arise from the contract that was signed by Wayne’s son.
Second, most of the time, for a promising industry, there is no need for any government assistance to the initial firms. It would be much better if these firms could borrow from private lenders to cover their initial losses and repay these loans from future profits. If there are defects in the lending markets, then the government could extend loans. If the industry will create external benefits, such as training workers or new technologies, then the best government policy acts directly on the source of the external benefits (for instance, subsidies to training, or subsidies to research and development). Third, the argument could be misused because there are too many uncertainties, as indeed the industry could grow up, or not.
Some think that we should give them complete amnesty. There should probably be a mixture of both. Those that have been established in the United States for more than ten years should be allowed to stay, given citizenship and make them pay taxes. If they have been here that long without any criminal incidents, then they should be allowed to stay. Just turning a blind eye to the situation is not going to help.