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Self-regulation can easily become an instrument for subordinating consumer interests to profit making when the two goals clash. Under the guise of self-regulation, businesses can end up ignoring or minimizing their responsibilities to consumers. For example, nothing enrages airplane passengers more than being stuck on a runway because of bad weather and congested terminals, waiting for hours to take off, with little to eat or drink, overflowing toilets, and poor ventilation. (One passenger, made desperate after several hours trapped in a parked plane, made national news when he used his cell phone to call 911 to report that he and his fellow travelers were being held against their will. That call got authorities to empty the plane, but it also brought him a jail sentence.) The airlines, however, have avoided threatened regulation by successfully lobbying Congress to be allowed to solve the problem themselves. The result? Although a few airlines have committed themselves to release passengers after two or three hours, most have no rules at all. Do you think we should rely on companies to self-regulate or should we regulate industry? Or should it be on a case by case basis? Discuss the airline example in your response.
which of the following is the least desirable approach for developing subordinates?a provide constructive feedback
A firm that has recently experienced enormous growth is seeking to lease a small plant in Memphis, TN; Biloxi, MS; or Birmingham, AL. Prepare an economic analysis of the three locations given the following information:
The stated primary purpose of Z10 is to reduce the risk of occupational injuries, illnesses, and fatalities. As noted in the course text, zero risk is not likely to be achievable, so acceptable risk levels must be defined. What about a goal of zer..
Supplier selection is now a global concern, with competition coming from countries all over the world. Circumstances like hurricanes, earthquakes, and tsunamis have a negative impact on the movement of products from country to country (and even be..
Give two examples of what would be considered unethical involving competition and the ethical principles (see Chapter 1) that would be violated.
Discuss how cultural differences in moral beliefs and norms may be relevant in decision problems that a manager may encounter. How should managers think and act when confronted with moral disagreement that is based on cultural differences? Are there ..
From the case study, examine the goals of Degussa’s Global Code of Conduct. Recommend two (2) actions that the HR department can take in order to ensure that employees understand and follow the company’s Global Code of Conduct. Provide a rationale fo..
Which of the following is a term for a state statute authorizing boards of corporations to take into account all stakeholders and constituencies
Which do you believe is more difficult for most global managers: psychological adjustment or socio-cultural adjustment? Why?
calculate the start and finish times for each activity and determine the minimum number of weeks for completing the project. Find the critical set of activities for the project.
Old Pueblo Engineering Contractors creates six-month "rolling" schedules, which are recomputed monthly. For competitive reasons (they would need to divulge proprietary design criteria, methods, and so on), Old Pueblo does not subcontract. Assume no b..
Consider the conditions in which it would make sense for the corporation to invest and manage its own fleet of trucks, as well as the benefits of not investing.
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