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Once the Consumer Product Safety Commission (CPSC) prohibits the sale of a particular product in the United States, a manufacturer can no longer sell the product to U.S. wholesalers or retailers. However, the product can be sold in other countries that have not prohibited its sale. The same is true of other countries' sales to the United States. For example, Great Britain outlawed the sale of the prescription sleeping pill, Halcion, but sales of the drug continue in the U.S. The British medical community reached conclusions regarding the pill's safety that differed from the conclusions reached by the medical community and the
Food and Drug Administration in the U.S. Some researchers who conducted studies on the drug in the U.S. simply concluded that stronger warning labels were needed.
The CPSC outlawed the sale of three-wheeled all-terrain cycles in the U.S. in 1988. While some manufacturers had already turned to four-wheel models, other manufacturers still had inventories of three-wheel cycles. Testimony on the cycles ranged from contentions that the vehicles themselves were inherently dangerous, to arguments that the vehicles were safe but drivers were too young, too inexperienced, and more inclined to take risks. Still, the three-wheeled vehicle can be sold outside the U.S. For many companies, chaos follows a product recall because inventory of the recalled product may be high. Often, firms must decide whether to "dump" the product in other countries or take a write-off that could damage earnings, stock prices, and employment stability. If you were a manufacturer holding substantial inventory of a product that has been outlawed in the U.S., what ethical concerns would you have about selling the product in countries that do not [yet] prohibit its sale? Please discuss those concerns and the arguments for and against taking action based on those concerns. To what extent will your decision be affected by the level of the write-down in income you must take?
While the two extreme characterizations of the MNE-stakeholder relationship (exploitive and transformative) tend to garner the most media attention, it is the more moderate perspectives of the MNE-stakeholder relationship (transactional and responsiv..
Since the early 1980's we in the United States have been hearing about, and most have adopted, Just-In-Time or Lean Manufacturing as practiced by the Japanese. Is it really "just-in-time" if you the consumer can buy any color Toyota right from the de..
HEB., distributes a specialty non-stick pan for its customers.
Numerous theorists discuss cultural concepts. Using this information as a basis, discuss the concepts you would want to analyze and evaluate in order to prepare you and other company executives for the upcoming meeting.
The major issue concerning this case is that from 1996 to 2001 Enron was reporting high profits to its stockholders at the same time when high debts and losses were hidden by the CEO, internal and external accountants (external accountants who worked..
A research paper written co-authored by the course instructor will be given students to discuss its real world managerial implications.
One end item A requires three component parts: B, C, and D. The bill of material indicates that for each completed A, 3 units of B, 2 units of C, and 1 unit of D are required. Current inventory for the four items is as follows: There are 18 As, 40 Bs..
How do the project management process groups relate to the project management knowledge areas? Why is it important to understand this relationship? What are the components of an effective recruiting strategy?
How much should be spent for advertising and promotion to relaunch orange CRUSH? Explain your reasoning.
Discuss how the concept of work and career has changed over the past 100 years. What factors have forced these changes? Include how these factors impact your future career decisions and choices? What is different about the way new graduates will nee..
Prepare a master schedule given this information: The forecast for each week of an eight-week schedule is 30 units. The production run size is 40 units.
Compared to the operational characteristics of the system, the mission of the system is easy to define.
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