In: Operations Management
Many feel that companies have a social responsibility not to sell products that can be harmful to consumers. For example: Should McDonald’s stop selling Big Macs because some customers do not control their diets and become obese from fast food? The same argument can be made for numerous products on the market.
-Choose any product in your local market that you consider harmful to consumer.
-Discuss how decision makers must adopt policies that take into account the social consequences of their business actions
• There square measure totally different product within the native market that may be thought of damageful and it ranges from noodles to chocolates and unbranded cosmetics product that provide additional harm than the advantages. These product square measure targeted to specific segments of consumers. But, another segments consume and find injured. during this regard, I even have elect the regionally created tobacco mastication product that have clear harmful effects upon all the stakeholders. during this regard the govt. and relevant authorities ought to build policies and programs that may take into account its social consequences of the business action. These policies ought to be a mixture of taxation, statu-tory additionally as awareness policies. the primary policy ought to be to form it necessary to place statu-tory warnings to the merchandise package or wrappers in daring language and or pictures in order that consumers ought to understand the implications before the merchandise is consumed. The second policy are going to be to use taxes that may decrease the demand additionally as deter the assembly rate. it'll conjointly resolve the problem of negative spatial relation within the market. The third policy is to unfold awareness among individuals through medium, digital media and every one alternative communication channels that may reach intent on individuals and convey them of its dangers. The fourth policy is to form prohibition of sale to the people having but eighteen years ancient. So, youth or individuals with tender age, are often protected.
• Above policies facilitate to scale back the social consequence, such spreading of cancers, long and mouth ulceration forms of diseases and breaking of the families that happen thanks to high expenses shortly. So, these policies facilitate to avoid wasting family and society at massive. Besides, it saves the teens United Nations agency have the massive potentials to urge educated and serve their family, society and therefore the nation. So, the creation of chaos at social level is prevented by these policies concerned by the authorities.