Summary Of The Consequences Of Your Decision To Modify Spot 'A'

Submitted By phoebesong
Words: 1237
Pages: 5
Open Document
Here is a summary of the consequences of your decision to modify spot 'A':

Director of Product Management:Your boss says, "I asked you to reach 15,000+ units a week. Your decision put us at 14,616 at the end of last week. While it's not what I asked for, it's in the ball park. You had better hope unit sales increase to meet projections in the coming weeks."

Unit Sales:Medium increase, 2,616 units, potential for future increases looks good. HA advertising is losing out on the Sunday 3:00 - 4:00 market. Brand awareness increased 10 points among parents.

Sales Team:The sales team is disappointed in your decision. They had hoped you would have gone with an option that would have increased their commissions more.

Advertising to children is the act of marketing or advertising products or services to children. According to the characteristics of children , who are easy to be influenced and imitate, the advertising should be more carefully and strict. therefore, I think it will be a problem that advertising to children. A good and educational ad may guide children to the correct direction, but a bad one may misguide them both on mentally and behaviors.

Turning Gears should try to alter its approach to limit concerns about negative impacts on kids. The influence of the advertisement to children is profound. thus, it is important for the company to discuss this problem. It is not necessary for the company to stop advertising to kids, but must change the way to advertising to children with positive impacts. What's more, it can also consult from parents, and make efforts about the problem together.

Uncertainty touches most aspects of life, especially when we make decisions that have consequences that we cannot predict. It is natural that we can weigh up the possible results and their risks and benefits. Hence we should change the uncertainty into certainty though further research. The uncertainty will become a problem or a significant issue when you ignore it, or you insist on your own benefits as you find it out. We should accepting and realizing this principal uncertainty is a conceptual challenge, and it is within this framework that we must make decisions of a moral nature. Therefore, decision-making and the handling of uncertainties have important ethical dimensions.

According to my opinion, adding labels would be the best way to resolve the problems of current situation. Before we make the decision, we should carefully take consideration about the consequence of insisting selling toys without any changes. It is an unethical behavior that make kids in an uncertainty dangerous situation. We also cannot solve the problem though replacing the material of toys because it is great harmful to company's benefits. therefore, it is the best way for the company to add labels on the toys to remind people to be careful about making choice. What should be put into consideration at first is the safety of customers, so it is the best way comparing with any other options.
A company should response to pressure of shareholders groups when the resources related to
1) Company's mission statement. A company's mission statement is a constant reminder to its employees of why the company exists and what the founders envisioned when they put their fame and fortune at risk to breathe life into their dreams. So it's significant to response.
2) The consequence of issue harm. A company should also consider about the issue harm as it may result in kinds of serious consequence
3) Company's perspective. You cannot just consider about your own benefits but also the stakeholders benefits. otherwise, you don't need to response if it is not relevant to the things above.

The main argument is whether child labor should be accepted. Based on the point of view of employers, it can be accepted because they think the manufactory has been provided higher payment and good quality of life for the children, and it also be accepted by the
Show More

Related Documents: Summary Of The Consequences Of Your Decision To Modify Spot 'A'

Impact Of Business Ethics

evaluating the impact of ethics and social responsibility on companies, it is imperative to establish the underlying conceptualization of the terms 'ethics' and 'social responsibility.' Essentially, this provides a better comprehension of how they may impact businesses. The concept of ethics is based on moral judgments of what is considered right or wrong. In the context of the corporate world, ethics is concerned with the examination of moral principles and issues that a company may face or that come…

Words 1626 - Pages 7

Ethics Reflection Paper

Ethics Reflection Paper Lourdes Munoz STR/581 Strategic Planning & Implementation September 2nd, 2010 Gary Solomon Abstract Ethics and Social responsibility resides in an important set of our own personal values. When it comes to Business matter and operation the customer must feel confidence and this has been taken for granted several times on recent corporate scandals and collapses, a perfect example of missed conducted ethic and responsibility is Enron. Is extremely important for companies…

Words 1102 - Pages 5

Essay on Business Ethics

3 • Ethics of rights and justice Part - 2 4 • Ethics education and training • Ethics Mangers, officers and committees Part -3…

Words 1858 - Pages 8

Essay on Business Ethics

Business Ethics MGMT-1125 6/5/2013 Rhonda Ledbetter | Business Ethics Business ethics are forms of applied ethics or professional ethics that examine ethical principles and moral or ethical problems that arise in a business environment. It can also be defined as the moral values and principles set forth for a company or market. Proper business ethics are vital for a business to be successful, providing quality care and honesty to consumers. Business ethics are important because how a business…

Words 527 - Pages 3

Ethical Issues Faced By Canadian Companies

Ethics [Name of the Writer] [Name of the Institution] Abstract This paper reports the findings of an inclusive study on ethics and ethical dilemmas faced by the Canadian companies. The detailed study of the company that have had ethical dilemma can be seen later in this paper. It was found that there are many persistent questions about the issues of ethical dilemma and its value in Canada’s Corporations. Later in this paper certain suggestions are given to define one particular Scenario…

Words 2675 - Pages 11

Essay on Case Study 03 Ethics In Business

Managerial Accounting Case Study 03 Ethics in Business Kajli Agrawal The principles and values that define an individual’s activities and decisions are known as ethics. It is hence important for any organization to set a code of ethics that would drive the organization in its policies, decisions and programs. The definition of Ethical code of an organization can play a pivotal role to the reputation, productivity, culture and the entire business. The ethical code with which the employees are…

Words 1254 - Pages 6

Essay about Business Ethics and Social Responsibility

Ethics in the workplace help the organization to grow and prosper. They bring about leadership, work culture and literacy. Ethic are beliefs about what’s right or wrong and good or bad based on individual’s values and morals, plus a behavior social context. Ethical behavior conforms to individual beliefs and social norms about what’s right and good. Unethical behavior conforms to individual beliefs and social norms about what’s wrong or bad. Business ethics refers to ethical or unethical behavior…

Words 1475 - Pages 6

Personal Ethics Development Paper

(2007), define ethics as “the principles, norms, and standards of conduct governing an individual or organization.” I was influenced the way I determine different actions or behavior in a particular situation since I was a child. Growing up with a single Catholic mother made me value different things and behave in a particular way. In addition, this made me a have a particular ethical system that influences the way I work and act as an individual. At the corporation level, ethics is important because…

Words 859 - Pages 4

Essay on WRIT 340 Business Ethics Assignment 1

Assignment Three: Business Ethics Report “Ethical Decision-Making and the Role of the CECO” In the wake of major ethics scandals of the past decades, including those at Enron, WorldCom, Chiquita Brands, Arthur Andersen, Bear Stearns, and Lehman Brothers, to name but a few, fostering ethical values and behavior has become a business imperative. According to a report by the Ethics Resource Center, business leaders are now expected not only to have an organizational ethics programs in place but also…

Words 649 - Pages 3

Essay on Notes for intro to management, topic 12

the ethics of a company and its managers are important to them, emTOPIC 12 ETHICS AND SOCIAL RESPONSBILITY ◊Explain the relationship between ethics and the law ◊Differentiate between the claims of the different stakeholder groups that are affected by managers and their companies’ actions ◊Describe four rules that can help companies and their managers act in ethical ways ◊Discuss why it is important for managers to behave ethically ◊Identify the four main sources of managerial ethics ◊Distinguish…

Words 6099 - Pages 25