Explain the following situation a from strictly legal

Assignment Help Microeconomics
Reference no: EM13390366

Discuss the following situation (a) from the strictly legal viewpoint, (b) from a moral and ethical viewpoint, and (c) from the point of view of what is best in the long run for the company. Be sure to consider both short- and long-range consequences. Also look at each situation from the perspective of all groups concerned: customers, stockholders, employees, government, and community. Provide your initial post and respond to two peers within that same group. You are free to read the other group postings, but not required to respond.

Situation: You are the general manager of a regional chemical company. In the course of producing your bulk chemicals, large amounts of particles and smoke are emitted through your plant's smokestack. The level of pollutants is below current EPA regulations, and you are violating no laws, but neighborhood groups are complaining about minor health problems caused by the smoke. After investigating numerous alternatives, you find the most effective solution would be to install a "scrubber" system, which will remove 90% of the pollutants and ash. Cost: $1 million. Do you install the system?

Reference no: EM13390366

Questions Cloud

You are a manager at winsome manufacturing company a : you are a manager at winsome manufacturing company a company that produces plastic storage containers and sells them to
Why does not us simply restrict all goods coming in from : assume that you have been appointed as the speaker of the house. you must deliver a speech about the current state of
Moving average forecasting models are powerful tools that : moving average forecasting models are powerful tools that help managers in making educated forecasting decisions. a
Examine the companys value chain to find out where they can : write an eight to ten 8-10 page paper in which you 1 choose the two 2 segments of the general environment that would
Explain the following situation a from strictly legal : discuss the following situation a from the strictly legal viewpoint b from a moral and ethical viewpoint and c from the
Instructions a assuming that the percentage-of-completion : in 2012 gurney construction company agreed to construct an apartment building at a price of 1200000. the information
Icome statements are presented in table below for elf : income statements are presented in the table below for the elf corporation for the years ending december 31 2010 2009
Significant difference between average expenditures of : a random sample of 89 tourists in chattanooga showed that they spent an average of 2860 in a week with a standard
General cultural differences comprise ethnicity gender and : this assignment involves a written analysis of an interview with someone from a cultural group different from your own

Reviews

Write a Review

Microeconomics Questions & Answers

  How elasticity or inelasticity of supply determines wages

Immigration is a fact of life in the United States. This will lead to a big boost in the labor supply. What field would you rather be in: A field where the demand for your kind of labor is elastic or a field where the demand for your kind of labor..

  Explain current u.s. fiscal and monetary policies

Is current U.S.Monetary Policy expansionary or restrictive?Do YOU think that current U.S. Fiscal and Monetary policies should be expansionary or contractionary? Briefly indicate why YOU think this way.

  Indicate two public policies that would be appropriate

Draw a real expenditures curve on a graph showing a recessionary gap. Explain what happens to real GDP when it is initially to the right of the equilibrium point and why Indicate two public policies that would be appropriate for addressing this si..

  How much more money does debbie withdraw than christy

How much more money does Debbie withdraw than Christy (Express your answer in dollars and cents to the nearest cent and do not include the dollar sign or any other characters or spaces except numbers, a decimal point or a negative sign in front if..

  Difference between the u-form and the m-form

Even before the metals and manufacturing companies described earlier, U.S. railroads in the nineteenth century were M-form organizations based on geography. Why might a large railroad be better organized as M-form than U-form?

  Pharmaceutical industry market structure

Which market structure is best suited for the pharmaceutical industry (perfect competition, monopolistic competition, monopoly and oligopoly)

  Explain how is the human development index calculated

Which variables are included and how are they combined What are the Millennium Development goals Who established them What are the targets for poverty and hunger and which regions are "off track" for this goal

  Assume government were to intervene and give full insurance

suppose a society contains two individuals. joe who smokes and tanya who does not. they each have the same utility

  Determine the market equilibrium price for coffee beans

Due to the lack of profits, many growers have stopped production and the output of coffee beans has fallen from 400 tons per year to 250 tons per year.

  How to observe the workers more closely at variety of tasks

Small firms can discover the abilities of their workers more quickly than large ones because they can observe the workers more closely at a variety of tasks. Does it then make sense for people with high abilities to go to small firms

  Determine linear combination of chickens and potatoes

If she apportions some resources to each, then she can produce any linear combination of chickens and potatoes that lies between those extreme points. If James devotes all his resources to growing potatoes, he can raise 80 pounds of potatoes per y..

  What would be the benefits of an open free market

1. What do you think will be the basic problem of financing Social Security in the next 25 to 30 years 2. What would be the benefits of an open, free market for human organs 3. What do you think of a recommendation to privatize Social Security

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd