| The statement of fact raises an ethical issue because the design of the trucks is dangerous.
Toy safety has always been a top priority for Mattel, Inc. Being one of the world’s leading toy makers, Mattel, Inc has always had a reputation of being a responsible company. A global leader in design, manufacturing, and marketing of toys and family products, “More than 30,0000 people in 43 countries are employed by Mattel, which has sold products in over 150 countries” (mattel.com). Toy safety will always be Mattel’s highest priority as their mission states, “
Clarifying its activity, Delta said, "Ineffectively marked, capable lithium-particle batteries controlling hoverboards are the issue," including that in the wake of analyzing the item particulars on a few sheets, it'd discovered "makers don't reliably give insight about the size or force of their lithium-particle batteries."
There is a fine line between how much safety a corporation should provide to the consumer regarding its products vs. how much responsibility of safety should fall on the average consumer. Take, for instance, the all too familiar McDonald’s coffee episode. Does McDonald’s have a responsibility to its customers to ensure the coffee isn’t hot enough to scald if spilled upon one’s lap? Or should the customer be held responsible for their own safety in regards to common sense judgment? This is what California Space Heaters, Inc. (CSH) must consider when deciding exactly which products to launch.
Due to outsourcing to other developing countries, the toy industry faced many hardships. The products that are made in developing countries that had substandard quality control were recalled many times due to the safety reasons. Mattel too faced a stiff pressure from the government and consumers for the products that were not safe and stable which are made in manufacturing facilities in China. Recently, Mattel recalled several of its products because they were not safe for consumers. Recalling millions of products, not only reduced the total revenues of the company, as well as it hurt the company’s image at the same time. Mattel had been always trusted by its consumers for making providing its consumers high-quality products and stable products.
The case of Trade Secrets misappropriation was a case between Best Buy and a company
In terms of quality of the item, research by the company has been performed to state that the product will be hugely profitable. When they asked consumers what they would want in an item and how much they were willing to pay it allowed for Lanterns R Us to determine that the Excelsor is exactly what consumers are looking for. Furthermore, research on the risk of the product has been performed. While the Excelsor may look great, there is a 1 in 10,000 chance that the product may result in a catastrophic failure, dangerously overheating and sometimes catching fire. The lantern failures could result in serious property damage, injuries, or death. The percentage that someone may get hurt from our product is 0.01%. If a risk analysis manager who followed Kantian Ethics found this they would not release the product to the public. The manager would have to follow the Golden Rule of
On 09/12/2015 at approximately 2139 hrs, I was dispatched to (409 E. 2nd Ave) for a theft report. I made contact with Ramirez, Lupe (TX-DL # 18984202)Ramirez stated, "Marcus and Nissa were here visiting his brother, and grandmother. When the grandmother noticed her prescription bottle of Hydrocondone 60CT missing from her room".
The role that the media plays in today’s society is incredible. One inaccurate portrayal of a criminal investigation displayed almost every episode is Law and Order: SVU. I will admit that I enjoy watching this show but there are a ton of discrepancies in the situations that they act out. Eyewitness testimony is exhibited in the show and most of the time, deemed reliable by the detectives. In reality, there is much more that an eyewitness needs to specify before they are considered dependable. Another example of an inaccurate portrayal of a criminal investigation is that there is always evidence at the site of the crime, which is not the case. For instance, there are occasions where an entire fingerprint can not be retrieved or the perpetrator
he Tylenol crisis is far away from comparing with the Vioxx. In the case of Tylenol, the Johnson & Johnson Company was the victim of an unfair attack that targets its consumers in order to sabotage the company reputation. That is why the organization undertook many approaches to handle the situation in an open communication in effort to explain to the public what happened and regain the consumer’s trust. By contrast, in the Vioxx scenario, the company was the instigator of the fraud. They use manipulation and lies in order to make money regardless of people’s lives. Unlike the Johnson & Johnson Company, the Vioxx tried to hide information and force pharmacies and physicians to prescribe and sell the dangerous product. After I read the article,
On December 30, 2016 at approximately 6:28 PM I, Deputy Bowring, was dispatched to 171 Private Road 5896 Yantis, Tx regarding a theft of a narcotic prescription.
This was a very interesting news story. It saddens me to hear about corrupted pharmaceutical companies that would try to manipulate clinical trial data in order to acquire their own personal gains/profits. Pharmaceutical companies and the healthcare providers involved should place the health of the overall population as their top priority, but unfortunately, competition among diverse drug manufacturers entices certain companies to commit fraudulent activity in order to ensure their products get released into the market. Beneficence was definitely absent in this particular case, for these pharmaceutical companies and medical staff evidently did not have the intention of doing good for the general population and instead had covetous intentions
A relatively new technology that hit the market last year was the hoverboard. A hoverboard is essentially a segway with no handle that requires a user to balance on it as though it were a skateboard. Hoverboards gained an incredible amount of popularity and were used by famous celebrities such as Mike Tyson and Justin Bieber which only helped spread the craze (Tech business student’s hoverboard lesson: The ups and downs of business). The hoverboard business was booming and sales were expected to increase throughout the holiday season. Then, several reports surfaced that hoverboards were exploding or catching on fire. Due to obvious reasons, hoverboard bans began to take place in many institutions and public areas to prevent fire hazards and
In the contents of this case there are several management and safety issues and areas for improvement. One issue is Mattel, Inc.’s
Over the past two years, corporate America has endured a plethora of fraudulent acts committed by those of high status within their respective corporations, most of which involve internal fraud. Internal fraud has two main aspects, misappropriation of assets and fraudulent financial reporting, with the focus of this discussion lying within the former. Misappropriation of assets is defined as fraud for personal gain. It is the most common type of fraud found among employees and frequently includes theft of cash and inventory.