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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.
A management control system (MCS) is system which gathers and uses information to evaluate the performance of different organizational resources like human, physical, financial and also the organization as a whole in light of the organizational strat..
Given the definitions of throughput, inventory, operating expense and bottleneck as discussed in The Goal, define throughput, inventory, and operating expense in the context of an organization (work, social, or religious) of which you are a member. I..
Explain how the process view of an organization is likely to uncover the desire for greater inter functional cooperation and greater decentralization of the organization.
How might the Army have responded if it were presented with a risk management plan early during the R&D activities
Kenneth Bown is the principle owner of Brown Oil Inc. After quitting his University teaching job, Ken has been able to increase his annual salary by a factor of over 100. For example is Ken purchases Sub 100 and if there is a favorable market, he wil..
What role does strategic management play in health care institutions? Why is that role important in today's health care environment. How has strategic management changed the health care industry over the years. What benefits are evident because of..
Provide an example of how company culture can impact the project cost estimate and how cost estimation is impacted by project risk?
What is the expected number of airplanes circling the airport, waiting in queue for clearance to land? A new ground-approach radar system approved by the Federal Aviation Administration is being considered as a means of reducing congestion
Peter Cappelli’s argument about the skills gap stresses that companies should restructure the way they think about the _______ step of the strategic human resource management process.
The accounting firm Ernst & Young believes that employees who have resigned from the firm are very important to its future success. Many of these people rejoin the firm. What would it take for the companies you used to work for to get you to reapply ..
Assuming by the beginning of August 2016, the MOH will start to offer a tele-phone counseling services to help smokers quit by motivation through Tobacco Control Program TCP. The services will be launched in Riyadh and subsequently to be expanded to ..
a marketing manager who is a member of a task force for new product development is supposed to represent the marketing
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