They have shown this by closing a few stores in a higher-crime-rate area because they were losing money, by only offering a very limited amount of health-conscience and organic products because they are high margin items and by declining to donate to the local food bank because of worries over lost revenues. Company Q is not displaying an obligation to its stakeholders; particularly the customers, community and employees by not maximizing a positive impact through ethical and philanthropic actions. In order for Company Q is improve their reputation they need to take on a socioeconomic approach to social responsibility. This approach focuses not only on profits but on the benefit of the business to society. Company Q can improve their social responsibility in three areas; customer satisfaction, community outreach and employee trust.
Companies are forced to create safer products for the public to use, and also learn to make better with fewer resources. Corporations must invent new ways to cut down on their waste and work with less to create more. Corporations work diligently to cut down their use of water and electricity and other essential needs. They have educated the public about the importance of recycling used products and keeping their environment clean. Over consumption has led to many cures and medicines being created, and has made the world a better and safer place then it once was.
This is bad for competition and the ability to provide quality care. The main problem that a government-run health insurance presents is the possibility of driving people out of their current plans. The effect of this development is particularly true given the fact that a government-run plan is likely to offer reduced prices and, therefore, shift the market demand in its direction. According to the Ray (2008) the public health care plan will offer attractive and generous packages because it will be able to enjoy the sponsorship of the taxpayer. Since many private health insurance companies will not be able to offer such packages, they will be forced out of business.
• Competitors like Marvel are wooing customers with low cost per click-through • Condition-specific websites like cholesterol.com has a better chance of converting a visitor to a customer. • Setting a price competitive to Marvel’s would drop MedNet’s revenue by 80% • Since advertisements are the only source of revenue, MedNet’s has to rethink their revenue generation strategy to sustain their business. • It is considered as a product problem because they may have to change the value proposition Note that technology is fragmenting the market and disrupting the business model What are the decision options? • Charging for the content, treating site visitors as patients. • Extend coverage of alternative health information • Develop and manage corporate websites What does he/she need to know to make a decision?
This social responsible act is overshadowed by the company’s decision to leave the inner city areas because of alleged loss of profits. Many inner-city communities lack quality health-conscience items and rely upon corner-market stores to obtain any semblance of fruits and vegetables. If Company Q would have remained in these communities, it would have provided a nice alternative to the unhealthy options that these inner-city communities needed. It would have been a socially responsible act to engage in. B.
Through compromise Lisa may be able to earn the big contract. Lisa should look at the possible solutions to this problem. If they were to replace all their machinery with the new Sealgood items, she should see if they could get a discount or money off their bid as a compromise. By doing this it would build the relationship between the two as well as make both parties happy. Lisa should also try and negotiate as to which competitive products they must not do business with.
The situation and site factors involved in Global clothing industry’s location is it needs to be in a non polluted place because it needs to be the clothes made should be clean. The situation and site factors involved in Coca cola industry’s location is that the industry needs to be near the city for easy goods transportation. The situation and site factors involved in Bioscience industry’s and Biochemical industry’s location is that it needs to be in a far away place because they dump a lot of harmful stuff in the ground which may poison the water, soil etc.  Now pick an industry and describe how its closing would affect the town’s economy. Would the jobs lost in the closing be the only effect?
Of course this led government’s spending on antiretrovirals increased. For this reason, government started using the strategy of „compulsory licensing“possibility in their negotiations with pharmacuetical companies. Considering the domestic critics, probably, Brazil did not want to behave similar in their negotiations with Merck as they did with Abbott Pharmaceuticals for Kaletra ($1,380 per patient annually) Brazil was referring to few key points during negotiations to lower the prices; referring to low prices that Merck was setting for other developing countries, offering a single annual purchase that would cover Merck’s expenses and also provide financing to production planning and such. Merck lowered its price to $570 per
For example, Pollan talks about margarine, and how scientists “claim” that it is a better, and cheaper substitute for butter, but it contains all these unnecessary ingredients that could be more harmful to the human body. Scientist believed by taking out saturated fats and cholesterol they could make margarine healthier, but what they did not know was it would produce unhealthier fats known as, trans fats. People never think about how deep and revealing food can be, but after reading this novel it’ll open your eyes to what really lies
Even though there are people against fracking, the opposites consider that it could be good because it will create jobs, Americans could have their own energy and the U.S.A will use less coal. People who are against fracking claim that it has negative environmental consequences. The drillers use acids such as Boric Oxide and Hydrochloric that are used to clean swimming pool filters. Moreover, they use detergents one of them is Sodium Hydroxide.pH buffer. It is very corrosive and causes severe burns.