Question

In: Operations Management

Many feel that companies have a social responsibility not to sell products that can be harmful to consumers.

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

Solutions

Expert Solution

• 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.


Related Solutions

Many companies have programs in place aimed at increasing their social responsibility
PLEASE MAKE POST ORIGINALMany companies have programs in place aimed at increasing their social responsibility. Select a company. Select larger companies, and be sure to select the corporate company (not a brand). As an example, Tide is produced by Procter & Gamble, so Procter & Gamble is the company. Please do not select P&G. What are some of the highlights, in your opinion, of the company's responsibility program? Do these make you more likely or less likely to buy this...
Many companies have programs in place aimed at increasing their social responsibility. For this discussion, select...
Many companies have programs in place aimed at increasing their social responsibility. For this discussion, select a company. I recommend selecting larger companies, and be sure to select the corporate company (not a brand). As an example, Tide is produced by Procter & Gamble, so Procter & Gamble is the company. Please do not select P&G - that was meant only as an example. What are some of the highlights, in your opinion, of the company's responsibility program? Do these...
Some companies have built a business model on social responsibility. Some see “social responsibility” as a...
Some companies have built a business model on social responsibility. Some see “social responsibility” as a need component for marketing in the future. Specifically, knowing what you now know about consumer-buying behavior, is “socially responsible” a determinant for future success, or just a trend? State the opposing arguments to social responsibility being a determinant for marketing success or a trend; compare and contrast these arguments in terms of benefits and detrimental effects on individuals, businesses, and the societies or nations...
What incentive do for-profit companies have for corporate social responsibility (CSR)? If companies are focused on...
What incentive do for-profit companies have for corporate social responsibility (CSR)? If companies are focused on increasing their profit, why should they be concerned with CSR activities that are likely to raise costs (thus reducing their profit). Is there value in CSR, and if so how do companies capture that value? In other words, can companies leverage CSR activities into increased profit?
Why is Antitrust activity so harmful to consumers and the economy? What, if anything, can consumers,...
Why is Antitrust activity so harmful to consumers and the economy? What, if anything, can consumers, competitors, or or the government due to prevent or detect this activity?
2. There are so many companies having websites to sell their products. However, not every company...
2. There are so many companies having websites to sell their products. However, not every company is successful in online retail. In your opinion, what are the common characteristics of products which can be sold successfully in online retail? Please provide at least one example and explain your answer. 3. Microsoft has been a giant in the software industry. Can we define Microsoft as a monopoly? Please explain. In addition, whether the Learner Index works well to define the market...
there are so many companies having websites sell their products. however not every company is succesful...
there are so many companies having websites sell their products. however not every company is succesful on online retail. what are some common characteristics of products whoch can be sold successfully in online retail? explain
What responsibility should the manufacturer of toxic chemicals have for harmful effects that they have years...
What responsibility should the manufacturer of toxic chemicals have for harmful effects that they have years after their initial manufacture and sale? Should manufacturers have foreseen such harms?
Find two examples of companies, products or organizations which display social responsibility: one which displays good...
Find two examples of companies, products or organizations which display social responsibility: one which displays good social responsibility and one which displays poor social responsibility. For each, explain why you have this opinion of these firms.
If an internal selling division can also sell products to outside companies at a prices that...
If an internal selling division can also sell products to outside companies at a prices that are greater than the selling division's marginal costs for these products how should the selling division set its transfer prices for these same products when it sells them to the internal buying division?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT