Is this practice ethical

Assignment Help Operation Management
Reference no: EM13942703

One source of new-product ideas is competitors. Steven Fischer recently joined Frankie and Alex Specialty Products as a brand manager. His new boss told him, We dont have a budget for new-product development. We just monitor our competitors new-product introductions and offer knockoffs of any that look like they will be successful. 

1. Is this practice ethical? Why or why not? Justify your answer.

2. Give four (4) examples of products that have been introduced based on similar products.

Reference no: EM13942703

Questions Cloud

Top-down or bottom-up approach : How does the Exemplars criteria for both math and reading rubrics follow a top-down or bottom-up approach? How do you know?
The effect of global competition on the decisions : The effect of global competition on the decisions made by management with regards to change in labor demand, supply, relations with unions, and rules and regulations in your chosen industry
What strategies company implement to prevent turnover : What strategies can the company implement to prevent turnover among new consultants? Draw on relevant organisational behaviour theory to justify your recommendations.
What is the water outlet temperature : What is the water outlet temperature - Evaluate water properties at an assumed average mean temperature, Tm = 300 K.(b) Was the assumed value for Tm reasonable?
Is this practice ethical : Is this practice ethical? Why or why not? Justify your answer. Give four (4) examples of products that have been introduced based on similar products.
What is thr worst case number of combinations : A thief is upto an electornic lock with 10 digit keypad and he notices that all but three of the keys are covered in dust while the 2,4,6, and 8 keys shows considerable wear. He this can satisfy assume that the 4 digit code that opens the door must b..
Writing letter directly to maya angelou by personal views : Writing a letter directly to Maya Angelou from your own personal point of view. You can construct the letter using first person point of view, and you can draw from your own experiences, or the experiences of those around you, to show that you agr..
Explain logical network diagram and physical network diagram : I need a Logical Network Diagram and Physical Network Diagram of this original configuration. I have VISO and PAINTSHOP. I prefer a VISO diagrams. I can increase compensation for diagrams if amount of work does match the problem.
Approach to developing and staging events in a region : Write a formal research essay that critically discusses the following statement: "It is important to develop a strategic and co-ordinated approach to developing and staging events in a region.

Reviews

Write a Review

Operation Management Questions & Answers

  Illustrate what is its final kinetic energy

A proton is initially at rest at a point where potential is 501 V. Sometime later proton is at a point where potential is 218 V. If no force or than electrostatic force acts on proton, illustrate what is its final kinetic energy.

  Product has tremendous potential

Magnatree is a large company that has been working on a new product. This product has tremendous potential, but Magnatree must move quickly. They have decided that they will introduce the product in two months and have already started developing thei..

  The strategic national stockpile

The Strategic National Stockpile (SNS) is a pivotal tool in the event of a disaster. The SNS is used as a federal government initiative to meet the threat of disasters that result in mass casualties.

  How will you address emotions and interpersonal conflict

You work for a health system that has 14 hospitals and 32 outpatient clinics. You will be responsible for working with a team of health professionals to track clinical errors, compile reports, establish best practices, and collaborate to provide trai..

  Give employees a choice of rewards

According to Expectancy Theory, which of the following actions would NOT alter outcome valences?

  Describing the logistics of global warfare

Write on Describing the logistics of Global WarfareThis outline must follow the preceding format as far as section headings.This final paper should be between 3-4 pages for the content

  Define historical perspectives of organizational behavior

In many organizations, being "people-centered" is considered soft, irrelevant, and unrelated to profitability. Using support from historical perspectives of organizational behavior, explain how you would rebut these arguments.

  Health policy-overview of theoretical and practical support

Introduce the topic of your proposed new health policy. Include your problem statement and describe the background behind the problem. Show the reader why this issue is important, the rationale as to why the new policy is needed, and what you intend ..

  What are the objectives of material requirement planning

In regards to operations management, what are the objectives of Material Requirement Planning? How is each of the objectives within this process identified and achieved?

  Rapidly changing completive global economy

As a way to survive today’s rapidly changing completive global economy, organizations are networking outside their own organizations. What are the most significant emerging forms of organizing? What are the primary opportunities and challenges associ..

  Explain how do change agents affect your organization

Explain how can an organization overcome employees' resistance to change. Explain how does your organization respond to planned also unplanned change. Explain how do change agents affect your organization.

  Describe the various roles people play in the success

Describe the various roles people play in the success of organizational information systems deployment.

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