Should firms refrain from producing profitable products

Assignment Help Operation Management
Reference no: EM13964850

Should firms refrain from producing profitable products that are not in target customers best interest, even if some customers want them? Is it profit more important to the firm than customers welfare

Reference no: EM13964850

Questions Cloud

Ethics in healthcare-theories and principles analyze : Ethics in Healthcare—Theories and Principles Analyze the statements given below based on the topics covered in this week. Using the South University Online Library or the Internet, justify your answers with appropriate research and reasoning on the c..
Find optimal mix of turntables-cassette to maximize profits : Sally Sethness assembles stereo equipment for resale in her shop. She sells two products, turntables and cassette players (this is a really old problem). She makes a profit of $10 on each turntable and $6 on each cassette player. Both products must g..
Relevant revenues and costs refer : Relevant revenues and costs refer to:
Should firms refrain from producing profitable products : Should firms refrain from producing profitable products that are not in target customers best interest, even if some customers want them? Is it profit more important to the firm than customers welfare
Determine the differential cost from the acceptance of offer : A business received an offer from an exporter for 23,135 units of product at $17.00 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. Determine the differential cost from the acceptance of the offer.
Websites-to provide current : Provide current material for class discussion and review. This material must relate to your Course Project subject. To receive full credit for this requirement, submit the In the News during Week 5. The project may draw on items from the online envir..
Infrastructures affects the design and development : How does the level of global information infrastructures affects the design, development, and implementation of global information systems and how these processes differ from those in a domestic context. I am having a hard time finding reverent schol..
Why does the hawthorne effect induce people : Why does the "Hawthorne Effect" induce people to become more effective? How have you seen the "Hawthorne Effect" at work in your own life? For example, do you increase your number of responses in an online course if an online instructor responds to y..

Reviews

Write a Review

Operation Management Questions & Answers

  In what ways might a firm suppliers improve or undermine

In what ways might a firm's suppliers improve or undermine the firm's Lean efforts? Provide an example to illustrate this situation.

  Identify which iso standards apply to riordan manufacturing

Create an 2-4 slide MS PowerPoint presentation with detailed speaker notes. Include the following: Identify which ISO standards apply to Riordan Manufacturing

  Logistics performance measurement system

Why is top management commitment necessary for establishing a successful logistics performance measurement system?

  What is the reduction in work-in-process value

A firm has redesigned its production process so that it now takes 10 hours for a unit to be made. Using the old process, it took 15 hours to make a unit. If the process makes one unit each hour on average and each unit is worth $1,500 , what is th..

  Competitive advantage for firms operating internationally

A global supply chain management can be a source of competitive advantage for firms operating internationally. Why? Cite at least two real examples from either the public or private sector to support your answer.

  Is there an example of a marketing term project here

Is there an example of a marketing term project here? I am doing my paper on Crest tooth products and i need help!

  Differences between virtual and face-to-face presentations

Understanding the differences between virtual and face-to-face presentations is certainly becoming more important as business needs grow. Assess and explain the principal differences between face-to-face and virtual presentations. As an attendee or c..

  State a contingency theory of leadership

For Research Paper, you will need to choose a contingency theory of leadership that you would like to write about. Your choices are the following leader-member exchange (LMX)

  Determine the company''s resources and capabilities

Determine the company's resources, capabilities, and core competencies. Analyze the company's value chain to determine where they can create value using the resources, capabilities, and core competencies discussed above.

  Watch starwood: supply chain strategy

Watch “ Starwood: Supply Chain Strategy ” and read the video Case “Sourcing Strategy at Starwood” at the end of Chapter 12 in the textbook. Also review other source materials, including your textbook, related specifically to Starwood or other organiz..

  Define the decision variables and write the linear program

Define the decision variables and write the linear program appropriate for maximizing monthly profit contribution. What is the optimal solution?

  Explain manipulates organizations

The Chinese workers agreed to wear the white uniforms if they could wear gray caps. The compromise made everyone happy. This cultural sensitivity is an example of how manipulates organizations.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd