Question

Precision Tool Corporation sells a product that is capable of seriously injuring consumers who misuse it...

Precision Tool Corporation sells a product that is capable of seriously injuring consumers who misuse it in a foreseeable way, even though the label warns against the misuse. Does the firm have an ethical duty to take this product off the market? What conflicts might arise if the firm stops selling this product?

Homework Answers

Answer #1

ANSWER:-

  • RSEC sells an product which is able to do truly injuring consumers, on the off chance that they abuse it in a predictable manner.
  • There is no moral commitment under which the organization should expel the product from the market. Hence, attributable to corporate social obligation and to keep up its positive picture in the business, it must expel the product from the market with a clarified disclaimer.
  • Regardless of whether the product is causing hurt because of abuse, it would diminish the brand picture and client survey of RSEC since after all it is causing hurt.

Ceasing the product would have the following impications:

■ It would gravely influence the deals and therefore, the benefits of the organization.

■ It would diminish the negative evaluations of the organization in the market.

■ The investors would be disappointed.

PLEASE UPVOTE.

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