Production costs for the 15,000 containers needed annually are as follow: Direct materials $35,000 Direct labor 15,000 Unit-related overhead 5,000 Product-sustaining overhead 6,000 Allocated facility-sustaining overhead 14,000 A supplier has offered to provide all 15,000 containers at a price of $4.50 per container. If Whitney, Inc. accepts the offer; it will rent the released space for an annual rental fee of $12,000. Should Whitney, Inc. make or buy the containers? (2 points) Question 6:In addition to selling custom-designed jewelry, Darrah’s Jewelry Store also offers repair and appraisal services. After reading the following profit report, decide whether Darrah’s should drop the appraisal service.
This paper will explorer and analyze the environmental practices of Wal-Mart in an effort to at least in part determine how far they have come to reaching those initial goals. Keywords: environment, environmental strategy, environmental initiatives, sustainability, greenhouse emissions, energy, An Analysis of Wal-Mart’s Environmental Strategy: The Pursuit of Becoming a Sustainable Company According to the article, Wal-Mart’s Environmental Strategy, the company never really had a leadership position when it came to environmental initiatives. Instead, Wal-Mart was encouraging consumption at alarming rates and causing massive amounts of waste and run-offs due to construction (Nandagopal, 2009). In addition to environmental criticism, Wal-Mart’s reputation was taking a beating with regards to labor practices and its relationship with the society/community. They had the persona of not being very friendly, despite its smiley face mascot.
Kerley's published work on the matter in 1965, was based on the study of 126 specimens. In all but 11 specimens, the Kerley Method identified the remains within a margin of plus or minus 4.6 years. The subjects studied by Kerley ranged in age from 5 to 95. This method was considered a standard in the field of Forensic Anthropology by the 1970’s for determining age. Kerley became the Forensic Anthropology Consultant and Scientific Director of the United States Army Central Identification Laboratory in Hawaii in 1987.
1). Ford’s legal argument was that the economic theory cost/benefits analysis made their decisions legal, “Based on this analysis, Ford legally chose not to make the design changes which would have made the Pinto safer (Leggett, 1999, The Ford Pinto Case: The Valuation of Life as it Applies to the Negligence-Efficiency Argument, Risk/Benefit Analysis, para. 3). The main people that were instrumental in this debacle were the heads of Ford Motor Company, the president Semon “Bunky” Knudsen, CEO Henry Ford II, and Lee Iacocca. Knudsen did not agree with Iacocca and Ford regarding competing so fiercely with the small foreign car market and was eventually forced to resign.
This in itself was an extremely unethical move by the company management team. They reasoned that these tragic results were acceptable by the same federal safety mandates that the company lobbyist’s fought for. Ford Motor Company knew that the federal government was making moves to introduce stricter safety standards for manufacturing automobiles. Under the leadership of Henry Ford II, the company’s lobbyist group went to work to delay the process, and guide the regulators the way the company saw fit. It was the Ford team that recommended, negotiated, and agreed to make safety related decisions on the basis of a cost-benefit analysis.
Ethical promotion requires pharmaceutical companies to provide exact product facts, without recommending “off-label” use, i.e., promoting a product outside its specified FDA-approved label and guidelines for distribution, handling, etc. (Public). “Off-label promotion can be prosecuted as a criminal offense because of the potential for serious adverse health consequences to patients from such promotional activities” (Public). Even though the practice of “off-label” pharmaceutical promotion is against FDA regulations, in December of 2010, the well-known drug company Abbott and Elan was fined $41MM and $204 MM in two separate cased for utilizing this practice. In addition, AstraZeneca was fined earlier that year $520 MM in a case involving Seroquel XR (Public).
(72 words) 2. What do you think of the way in which the board of James Hardie have managed the asbestos compensation issue? The board of James Hardie Industries handled the asbestos compensation issue with egoist principles. Shaw, Barry & Sansbury (2009, p59) states that egoism believes that a behavior is morally right only if it benefits oneself in the long-run. James Hardie attempted to avoid paying compensation by delaying and exploiting legal loopholes to avoid liability (Shaw, Barry & Sansbury 2009, p263).
Jean Paul Francois Mercy College 01/28/2014 Business, Government and Society Union Carbide Corporation and Bhopal 1- The government of India should be responsible for the most part of the accident because they establish laws that require the company to be run by Indian, instead of foreign managers who might be more knowledgeable or have more experience. * Union Carbide should bear a very large portion of the blame because the company should have thought about not building a chemical plant near a residential area. * The plant workers should be blamed seriously for the accident because of their carelessness. When the supervisor ordered R Khan to unclog the filter valves and to wash them out with water. Their negligence and careless washing method caused the explosion.
1.2.2 The second approach is the bureaucratic approach which is followed by companies that have learnt that a lack of compliance with legislation can be bad for the business. These organisations are compliance-oriented and their environment management objective is in compliance with the legislation. The companies using this approach also view environmental management as a technical problem putting emphasis on the inspection training and engineering. The emphasis is also put on achieving formal certification of the environmental practices. They also accept the
This exploratory argumentative paper will delve deep into the case of why recycling the non0biodegradeable waste should be made mandatory by the government for all private individuals and corporate entities to comply with. The United States authorities tasked with environmental conservation have been working hard towards making sure that people understand the importance of recycling waste. These efforts, however, have not been successful as these government agencies are yet to be able to fully employ voluntary conservation approaches throughout the country. A good case in point is the city of Seattle where any individual who throws away