Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The reaction to revelations that meat from horses and pigs were contained in products sold by British retailer Tesco as containing 100% beef was quick and condemning. British Prime Minister David Cameron forcefully attacked the retailer for selling mislabeled products stating that the company was fully responsible for the products it sells. The scandal emerged after testing by Irish authorities revealed that various products sold by the British grocer contained as much as 29% horse meat despite being labeled as 100% beef. Testing also revealed that products labeled as beef contained meat from pigs.Tim Smith, the CEO of Tesco, has promised to get to the bottom of the issue. He announced that the company was investigating the supplier to determine exactly what had happened in the production of the products involved. In the meantime, all affected products were being removed from shelves and consumers were being offered a full refund for any affected products they had bought.Tesco contends that its suppliers are either grossly negligent or are lying about the products they are selling. One of the suppliers involved, Liffey Meats, claimed that the problem goes further back in the supply chain, accusing an unknown third-party European Union supplier of the product mix-up. Another supplier, Silversrest Meats, made a similar statement. For now, consumers are faced with the fact that they may have violated their moral or religious beliefs by unknowingly eating a product that contained horse or pig meat.
Discussion Questions
1. Identify the stakeholders involved in this scandal. What is the impact of the situation on each stakeholder?
2. Tesco has blamed its suppliers for producing products containing horse meat. Do you agree with Tesco? Who is ultimately responsible for the products sold in the store?
3. Consider corporate governance in this situation. Did Tesco do what it should? What else could the retailer have done? Did suppliers like Liffey Meats act in a responsible manner?
4. Tesco CEO Tim Smith claims that its suppliers are either lying or are grossly negligent. Can the same be said of Tesco?
Design a brief Internet customer satisfaction survey that you could place on your company Web site. Use the "Survey Wiz" to help you with your questionnaire at http://psych.fullerton.edu/mbirnbaum/programs/surveyWiz.HTM.
Data Interpretation and Analysis
What would you have done differently over the prior 5-7 years that could have changed the outcomes of this case?
Bitcoin or other cryptocurrency is used so these threat actors can remain anonymous when making financial-based ransom demands
BUSA 345 Leeward Community College Would you voluntarily include such technology in your products or purchase such technology for your business if both options
Discovery statement: As this chapter showed, advertising is an important part of an organization's promotional mix.
What are the moral and economic implications of the occupy wall street movement
Flexible benefits plans are beneficial to both employers and employees because they both allow both groups to satisfy their needs." Do you agree
Areputation is a fragile thing-especially on the Internet, where trademarked images are easily borrowed, corporate secrets can be divulged anonymously in chat rooms, and idle speculation and malicious commentary on a blog can affect a company's st..
Describe the market that the new enterprise will serve and Identify the competition that the firm will face in the market
Within a company there are many areas of potential disagreement among members. As the range of potential disagreement is very broad, so also is the scope for exploitation and abuse of minority shareholders within the company. However, it is in the sm..
Walgreen Company
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd