Moreover they should have tested and monitor the vehicle before it was launched with the tires to ensure it was as safe and reliable as it was marketed. In the end it the “social cost theory” was applied in full effect which cost them a price too high because the life of many innocent people was cut short and their reputation was ruined things that no amount of money can bring back. They didn’t took the necessary procedures to make known the dangers of the vehicle and avoid all the mishaps. It was Ford’s idea for firestone to produce the Ford tires and they needed to take full responsibility in ensuring a quality product perfectly design with minimal risk. Also, they should have not used “the same assembly line, the Twin-I-Beam as part of the new product and should have executed the Firestone recommendation of using 35-36 psi on its tires” or reconsider making new tires that would have performed more adequately regardless of the cost.
The relationship between doctors and medical or corporate representatives is an old time practice in which the corporate representative primary goal is to directly inform the medical profession of the company’s products. There is nothing wrong with this practice, but it becomes situational when the medical representative is being offered financial incentives or on the company’s pay policy. Recently, GlaxoSmithKline publicized that they stop paying physicians to promote their products and try new marketing strategies (article 1). GlaxoSmithKline’s new policy is an improvement from the ethical standpoint because the relationship between the two parties are tainted and no longer a respectable relationship. This essay reviews the aspects conspicuous relationship between medical profession and drug companies, such as GlaxoSmithKline, and its future consequences.
The audit included intolerable levels of exposure to chemicals and documented cases of employees health problems related to the exposure. Nike had to take fast measures to redeem its reputation and fix problems in the policies and lack... ... middle of paper ... ...panies. Nike can develop more auditing tools to make sure factories are in compliance with its laws. With the Balanced Scoreboard, Nike should give the factories time to correct issues that has been reported and if they do not have the situation handled in the time frame given, Nike should stop its business with the factories. (5) As CEO of Nike I know that with a business comes many challenges and it is up to the company of how to handle the issues in order to stay on top.
The lack of support from the CEO puts Susan in a predicament where she may not be able to obtain the billboards. Keywords: bill boards, competition, marketing Missed Opportunities Briarwoods, Chief Marketing Officer has been trying to figure out a way to attract more patrons to the hospital. Suddenly Susan was presented with the prospect of being able to advertise the hospital through the use of billboards an opportunity that she has sort after. This was the opportunity she has been waiting on to enhance their current marketing techniques. Although she sees the benefit of the billboard and has data to substantiate her rationale for the billboards the CEO is against this form of advertising.
At a point the users were complaining that the original procedures had been faster compared to the system at present, which resulted in problem occurring twice in many months. As this was going on, Puri recognized his would lead to serious business and organizational implications. The customers were not receiving the front end transactions on time and they were threatened to compromise. Puri at a point felt that pausin... ... middle of paper ... ...system. Although they used so many information-technology systems step by step, such as Terminal documentation module, Plant documentation module, FMS, MMS, OMNIS, and so on, those systems were lack of commonality, consistency, and communicability.
Hospitals, clinics, and healthcare providers in general rely heavily on technology to diagnose and treat patients. Many patients have become “spoiled” and do not physicians can adequately treat or diagnose them unless test and procedures are performed. Consequently, physicians order numerous tests to keep the trust of patients and to keep them satisfied. This allows institutions to easily keep the prices of medical technology, high because patients are so dependent on technology. “According to the Institute of Medicine, approximately $800 million dollars is spent on care that does not make the patient better” (Snell, 2013, para.
He also thought closing down the clinic 's would give a great boost to the financial condition of Blake Memorial leading to provide a better quality of care for the patients. But there was a debate about closing the clinics because the director of clinic 's of Blake Dr. Susan Russell didn’t want the clinics to shut down. She argued that the patients that visit the clinics they wouldn’t visit the hospital even if they were getting free transportation provided. Reid was confused about how he should improve the quality of care and manage the financial records of his hospital that were in charge of. He asked Dr. Russells to send him the report of clinics records to see what kind of patients come in and for what
Stirling Bridge exhausted substantial financial and labor resources to focus more on the well-bei... ... middle of paper ... ... exhibited ethical decision making and the utilitarian approach when they addressed the safety issues of the Braveheart power tools. They enhanced safety features, improved product instructions and highlighted product warning information; however, when they chose to sale the recalled power tools overseas and made a conscious moral decision not to fully disclose the potential hazards to the buyer, they displayed a lack of integrity and violated their moral duty and potentially caused a threat to the health and well-being of the overseas consumer. Works Cited Beauchamp, Tom L.. "Stirling Bridge's Unloading of Surpluss Tools." Case studies in business, society, and ethics. 1983.
Much like Ribena, Cadbury initially neglected the contamination speculations which led to disapproval from the media-authorities and customers. (Carroll, 2009) James E. Grunig states that to eliminate conflicts and customer complaints, brands should use advertising and all the tricks of the trade to change consumer opinion. () Ribena clearly did not establish this and continued telecast of the misleading ads which eventually impacted it's consumer's trust. One of the major mistakes made by Ribena was the shortfall in communicating information symmetrically with the public. Symmetrical communications help build effective customer relations and avoid harming the parent company.
Ethical Standards and Management Communication An Economic Point of View Many companies fail to achieve ethical business practice due to increased levels of global competition, financial pressures, lack of communication throughout the organization, and the absence of moral leadership at top levels (O’Rourke, 2010). In May of 2001, Dell was employing a strictly economic point of view when it came to making decisions and managing their employees. An economic point of view demands that the structure of th... ... middle of paper ... ...ystems are developed and upper management lives the values they are working to communicate, employees will gain an appreciation and compliance for these standards, thereby conforming to the values their organization is working to promote. With employees who are engaged and passionate for the values their company promotes, a winning attitude will be developed. Dell’s efforts in creating The Soul of Dell were well grounded, but did not have the proper support and communication strategy to make them a success.