If I have to present the issue of potentially defective products to the CEO and senior management, I would stress on the fact that defective products tarnish the reputation of the company apart from leading to potential legal actions or class action lawsuits by the aggrieved…
The other aspect that needs highlighting is that the company must not violate the ethical and normative rules of business by pushing defective products into the market. Hence, I would stress on the damage to the company’s reputation and consequently to the bottom line apart from issues of ethics and responsibility.
In case where defective products have been shipped to the customers, I would deal with care and caution as there are multiple issues involved here. First, customers have to be informed in a manner that would not alarm them and also alert them as to the steps that the company is taking to ensure the recall or replacement of defective products. At the same time, the customers should not perceive the company in a bad light and hence, the communication regarding the recall or replacement of the defective products must be done in a responsible and honest manner. Honesty is especially important as the trust that has been built up by the company must not be lost. Hence, I would assure the customers of the company’s resolve not to repeat the occurrence of defective products being sold. Further, I would invite them or the representatives of consumer watchdogs to come and visit our facilities to see for themselves the steps being taken by us to ensure that we sell only quality products. (Wired.com, 2010)
The answer to this question flows from the last few sentences of the previous answer. First, I would take to task the employees responsible for the situation and ensure that key personnel who are in charge abide by the company’s directives and are committed to the vision and mission of the company. Next, I would immediately order a review of the processes and procedures and remove any bottlenecks that are holding up quality. Finally, I would direct the marketing and corporate communications departments to convey and communicate the company’s resolve not to repeat the same in a clear ...
Cite this document
(“International Legal and Ethical Issues in Business Assignment”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/404096-international-legal-and-ethical-issues-in-business
(International Legal and Ethical Issues in Business Assignment)
“International Legal and Ethical Issues in Business Assignment”, n.d. https://studentshare.net/miscellaneous/404096-international-legal-and-ethical-issues-in-business.
its financial perspective, customer perspective, procedural perspective or internal business process and innovation or learning and growth perspective. Through this measurement tool, organizations are often observed to influence their employees towards enhancing their individual performances and thus establishing the overall goals and objectives.
International business is simply defined as carrying out the business operation across the globe and not limiting the business transaction within the domestic markets. The business transaction that takes place within this context is transfer of goods, services, managerial knowledge, technology as well as technology from one nation to the other.
sting and measurement is based on core statistical principles that help to understand, interpret, and conduct research, as well as make decisions using test data. Also, abiding by the ethical, legal and sociocultural norms is a mandate for counselors and researchers because
Euthanasia is however a more general terminology which covers either voluntary or involuntary euthanasia. It is voluntary when the patient’s consent to the drug administration is given, and it is generally
This is the reason why more and more employers are utilizing monitoring devices to keep track or check the actions of their employees. Most of the employers feel that too much utilization of internet for
e business transaction that takes place within this context is transfer of goods, services, managerial knowledge, technology as well as technology from one nation to the other. However, the big question is what is the reason that made companies to take their venture on the
ercion is involved of one decides not to behave in accordance with the standards.The concepts of law and ethics overlap, all relationships subsists between law and ethics in that behaviors and issues that are considered unethical are not legal (Beckmann, 2000).
On the other hand, industrial intellectual is further categorized into two categorizes which are invention and trademark. Invention covers protection of both the product and the process of producing a product. Trademark is a mark on a product
Therefore, before they are acknowledge they should be well accepted in the society.
The former New England Patriots Aaron Hernandez was found guilty of first-degree murder where he got life imprisonment without parole. This
2 Pages(500 words)Assignment
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Assignment on topic International Legal and Ethical Issues in Business for FREE!