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David Pikes received an envelope in the mail from Time, Inc. The front of the envelope contained two see-through windows partially revealing the envelope’s contents. One window showed David ’s name and address. The other revealed the following statement: “David Pikes, I’LL GIVE YOU THIS VERSATILE NEW CALCULATOR WATCH FREE JUST FOR OPEININ THIS ENVELOPE BEFORE FEBRUARY 15, 1985.” Beneath the offer was a picture of the calculator watch itself. David’s mother opened the envelope and realized she had been deceived by a ploy to get her to open a piece of junk mail. The see-through window had not revealed the full extent of Time’s offer. Printed below the picture of the calculator watch, and not viewable through the see-through window were the following additional words: “AND MAILING THIS CERTIFICATE TODAY!” The certificate itself clearly required that David purchase a subscription to Fortune magazine in order to receive the free calculator watch. The good news was that Joshua could save up to 66% on the subscription, which might even be tax deductible. Even more important to the bargain hunter, prices may never be this low again. The bad news was that Time obviously had no intention of giving David the versatile new calculator watch just for opening the envelope. David’s parents sued on his behalf for, among other things, damages equal to the value of watch and $15,000,000 in punitive damages. Did Time, Inc. act ethically in its attempt to gain subscriptions to Fortune magazine? Did David’s parents act ethically in filing the lawsuit against Time, Inc? How would you decide this case?
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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