Question

In: Economics

Business Law 1) United Express is spending several Million dollars on an advertising campaign about how...

Business Law
1) United Express is spending several Million dollars on an advertising campaign about how environmentally responsible the company is. the ads showcase the company's new all electric fleet of delivery vans. The CEO of United Express is negotiating with several airlines for the purchase of used passenger jets that will be converted by carry backage. the problem is that these 20-30 year old aircraft pollute ten times more than newer modern jets. Does United Express have an ethical issue to deal with? briefly explain.

Solutions

Expert Solution

The fact is that pollution is directly responsible for human suffering and that makes it an ethical issue, one that is squarely on the shoulders of the fossil fuel industry. The fact is that fossil fuel directly causes death. And the fact is that the fossil fuel industry knows about it.

Aircraft engines generally combust fuel efficiently, and jet exhausts have very low smoke emissions. However, the used passenger jets that are 20-30 years old pollute ten times more than newer modern jets.

The main pollutant of concern around airports is nitrogen dioxide (NO2). NO2 is formed by nitrogen oxide (NOx) emissions from surface traffic, aircraft and airport operations. PM2.5 is also of concern, since particulate emissions from jet exhausts are almost all in this fine fraction.

NOx in the lower atmosphere contributes to the production of ozone; ozone in the lower atmosphere is a pollutant, and contributes to global warming. Nitrogen oxides from high-altitude supersonic aircraft are thought to damage the stratospheric ozone layer, the protective layer that filters out harmful radiation from the sun.

This is an ethical issue because by launching an advertisement campaign promoting green technology, they are in fact trying to cheat on the consumers. They are basically giving a false information. This leads to market assymmetry and moral hazard.


Related Solutions

What is the incentive of spending several years and thousands of dollars to earn a college...
What is the incentive of spending several years and thousands of dollars to earn a college degree? (1 pt.) In attempt to reduce the use of fossil fuels, the government is encouraging individuals and businesses to use solar panels. However, the installation of solar panels can be extremely expensive for most people. What can the government do to encourage more people to install the solar panels? (1 pt.) Suppose you decide to go to a Bruins hockey game instead of...
FIRMCo is planning an advertising campaign, budgeted at $70000. Each 1000 dollars spent on radio ads,...
FIRMCo is planning an advertising campaign, budgeted at $70000. Each 1000 dollars spent on radio ads, results in 70 new customers. Similarly, each 1000 dollars spent on TV ads yield 105 new customers. Each radio ad costs $250, and each TV ad costs $1500. The combined number of ads used in the campaign cannot exceed 75. The amount spent on radio ads, and the amount spent on TV ads cannot differ from one another by more than $15000. Define the...
Identify the advertising campaign parameters in the Incredible India Campaign? 4. How was the recent Incredible...
Identify the advertising campaign parameters in the Incredible India Campaign? 4. How was the recent Incredible India Campaign different from the previous one? 5. Identify the components of the creative brief for the incredible india 2.0
A German sells €1 million and deposits dollars in a United States bank for one month....
A German sells €1 million and deposits dollars in a United States bank for one month. She believes that the euro will depreciate and will use the dollars from her United States bank account to purchase euro in the spot market in one month. She is: Hedging. Speculating. Locking in an arbitrage profit.
A corporation owns several companies. The strategic planner for the corporation believes dollars spent on advertising...
A corporation owns several companies. The strategic planner for the corporation believes dollars spent on advertising can to some extent be a predictor of total sales dollars. As an aid in long-term planning, she gathers the following sales and advertising information from several of the companies for 2009 ($ millions). Advertising: 12.5 3.7 21.6 60 37.6 6.1 16.8 41.2 Sales: 148 55 338 994 541 89 126 379 Develop the equation of the simple regression line to predict sales from...
A corporation owns several companies. The strategic planner for the corporation believes dollars spent on advertising...
A corporation owns several companies. The strategic planner for the corporation believes dollars spent on advertising can to some extent be a predictor of total sales dollars. As an aid in long-term planning, she gathers the following sales and advertising information from several of the companies for 2017 (in millons) advertising($12.5 , 3.7 ,21.0 ,60.0 ,37.6 ,6.1 ,17.9 ,41.2 ) sales($141, 55 ,338 ,994 ,541 ,89 ,126 ,379) Construct a 98% confidence interval for the average value of y for the given...
How does advertising campaign impact monopolistic competition? Explain briefly.
How does advertising campaign impact monopolistic competition? Explain briefly.
In response to complaints about high prices, a grocery chain runs the following advertising campaign: “If...
In response to complaints about high prices, a grocery chain runs the following advertising campaign: “If you pay your child $1 to go buy $31 worth of groceries, then your child makes about twice as much on the trip as we do.” You’ve collected the following information from the grocery chain’s financial statements: (millions) Sales $ 772.00 Net income 12.35 Total assets 365.00 Total debt 157.00 What is the child’s profit margin? (Do not round intermediate calculations and enter your...
how E-contract works in United States? This is for business law! 250 words MAXIMUM
how E-contract works in United States? This is for business law! 250 words MAXIMUM
How is property law relevant to business? If a business is thinking about acquiring property, what...
How is property law relevant to business? If a business is thinking about acquiring property, what are the important considerations?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT