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

  A manager with low focus and low energy would most likely

A manager with low focus and low energy would most likely

  John is looking into buying a used car

John is looking into buying a used car. John has two options:Honda Civic at 15000$ which gives a mileage of 26 miles/Gallon. - Toyota Corolla at 20000$ which gives a mileage of 33 miles/Gallon.John is not sure about both the mileage and fuel price.

  From a managerial perspective-market value

Simon Sinek uses Apple as an example of a successful organization that thinks differently on how it positions/sells its products. In the past year, Apple's market value has plummeted from a high of $700+/share to less than $350 in April/May, 2013. Th..

  Understanding of important role that operations function

This module is designed to develop a detailed awareness and understanding of the important role that the Operations function plays in the creation and distribution of products and services and the contribution that this function makes to the succe..

  Explain how should your team use dynamic pricing in two yr

Explain how should your team use dynamic pricing in next two years to increase revenue. Explain how would you communicate your answers to questions #1 also #2 to your fans also ticket buyers.

  Logistics processes have changed in order to create value

Consider how your logistics processes have changed in order to create value for your organization and its shareholders. Identify specific examples. Focus on one specific development in processes and techniques that has influenced positive changes in ..

  Case study - motorola

As the end of the year comes to a close, the CEO is evaluating Motorola's strategic approach and its ability to produce desired results for the company in the future.

  Describe your strategy

Assume that Valentine's Day (February 14th) is approaching! As the owner of Dream Flower Florists, you want to increase your share of local business by advertising on the radio.

  Company produces six products in the following fashion

A company produces six products in the following fashion. Each unit of raw material purchased yields four units of product 1, two units of product 2,

  What packaging methods would you use and why

Use a product of your choice and ship it from one country to another in a multimodal shipment. What packaging methods would you use. Why

  What is open-source intelligence and how is it used

What is open-source intelligence and how is it used? Give examples.

  Conversion of property that fred asserts he owns

Question 1: Fred files a suit against Gail for conversion of property that Fred asserts he owns. Gail will not be liable if she can show that

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