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A) Products Liability Read this week’s chapters regarding product liability and then do research on the Internet to find a current product liability case (current litigation, publicized in the news, law review article, etc.). Share with the class the basic facts of the case, the theories of liability, and result (if any). Then share your thoughts about the case you found and your opinion of product liability on the whole. What if you invented a product (we’ll discuss later this session), went on Shark Tank, and become successful in mass-producing the product. What would you do to alleviate potential product liability claims? Case must be within the last 5 years. Incorporate 2 key terms from this week’s readings in all caps. Place a link to your source in the Discussion 2 dropbox (MLA not required). B) Performance and Remedies under the UCC Under the UCC, sellers may limit damages by way of a liquidated damages clause in the contract. Analyze and discuss your ruling for Discussion Question 1 (Basement Waterproofing) (p. 587). Then share your thoughts on whether you think liquidated damages should ever be permitted and whether there is a better “test” to determine when they are enforceable. You must start a thread before you can read and reply to other threads.
Prepare a product-by-value analysis for the following products, and given the position in its life cycle, identify the issues likely to confront the operations manager, and his or her possible actions.
What do you think are two very good ways for a company to reduce the risk to their employees of injury by material-handling equipment in the workplace? Why? What is one advantage and one disadvantage of a two-handed control device.
If the parties sign a purchase and sale agreement for the purchase of an airplane and the airplane is destroyed shortly before the title to the airplane is signed by the seller, who bears the risk of loss?
Describe your approach to tracking a project. What kinds of issues would you focus on if you were a project manager? Why?
Monroe and Cox, in their article, "Pricing Practices That Endanger Profits,"
Identify a major business incident that occurred at least 2 years ago. Briefly describe the incident and then provide an analysis of the way the company handled the issue?
Conduct a search using the Internet or published corporate annual reports to identify the corporate strategy of a company in which you might be interested in investing. Learn about the firm's product lines and its newest products. How do these produc..
Which of the following is trait that is shared by managers who are adept in organizing function? Which of the following is characteristic of a good controller?
Rank the importance from one to ten, the ways managers can keep their companies ethical.
The effectiveness of the group depended a lot on the group contribution, participation and our group’s leader role.
What do you see as the major economic challenges facing our society today and, in particular your generation?
Organizational reward systems vary in effectiveness. The purpose of this exercise is to measure key characteristics of your organization’s reward system and evaluate its effectiveness. On a 100-point scale (1 = extremely ineffective; 50 = average ef..
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