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Imagine you work for the Worldwide Tire and Rubber Company as a marketing executive. You have just been informed that a new tire made by your company has a very slight chance of resulting in a blowout which could cause a serious accident. The Engineering Division assures you that the total number of people that could be hurt by this product defect is at most 5. The problem has been corrected, but there are still 5 million of your tires out there with this slight defect.
The Legal Department asserts that it would be cheaper to do nothing and see what happens. If 5 people are injured, the maximum cost to the company would be approximately $20 million in settlements. The product recall of 5 million tires:
Scenario A: would cost at least $500 million, would generate a huge amount of bad publicity that would hurt future sales, and the effect on the price of the stock would be devastating to shareholders. Certainly, there would be no money for executive bonuses.
What are the alternatives? What are your recommendations? Why do you recommend this course of action?
How would you describe the conflict between Michael Eisner and the Weinstein brothers, the two board members (Disney and Gold), and Steve Jobs?
Describe the basic nature of the transformational leadership model.
Discuss the concept of switching costs and the role of data related to switching costs. Provide an example related to your discussion.
This week, we will discuss the ethical considerations surrounding the forced containment of those who may become infected with the Ebola virus.
This case involved a chiropractor who signed an employment contract with a restrictive covenant not to leave Medical Wellness and practice within 45 miles of the office for two years. What is your impression of non-compete clauses?
For this assignment be sure to address the following points: Study this situation and formulate new and innovative uses of the information from the POS system
How can related diversification create a competitive advantage for the firm? Keeping the advantages of related diversification in mind, think back to the example in the chapter of Delta’s vertical integration decision to acquire an oil refinery—clear..
Definition of diversity as the differences and similarities and related tensions and complexities that can exist among the elements of any mixture.
All three suppliers have the same roller quality. Evaluate the optimal quantity to be ordered.
What are some pressures you face as a student that challenge your ability to do the right thing? Do you expect to face more or fewer pressures as a leader? Discuss what some of these pressures might be.
For which liability standard would you expect the litigation costs to be greater--negligence or strict liability. Why?
Compare also contrast three different types of entrepreneurs also state which you are most likely to emulate should you begin a small business. Assess impact of globalization also information technology on creation of small businesses.
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