Question

The product is not lethal, but the typical complaints include allergic reactions, rashes, sever skin peeling,...

The product is not lethal, but the typical complaints include allergic reactions, rashes, sever skin peeling, and in very rare instances, blindness.

Would you recall it or reformulate the product?

What impact would it have a company?

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

I would recall the product. Since the product has severe drawbacks such as blindness it will be in the best interests of the company to recall the product and then work upon its improvements.

If there is even one circumstance where such a negative impact occurs on the consumer, there will be extreme damage to the goodwill of the company. It will even impact the other product sales as well as the share price of the business. Hence it is beneficial for the company to maintain its goodwill in the market. This will have long run benefits rather than short term gain.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Fancy Millwork has a factory that produces custom kitchen cabinets. It has multiple product lines. Materials...
Fancy Millwork has a factory that produces custom kitchen cabinets. It has multiple product lines. Materials and labor for the cabinets are determined by each job. To simplify the assignment, we will assume the following average costs. The company estimates that it will have 32,000 direct labor hours in total for the kitchen cabinets. The materials include $2,000 for the wood and other materials on a per job basis. It requires 40 hours of labor on average for a custom...
I have provided the information for the lab below. I want to see the chemical reactions...
I have provided the information for the lab below. I want to see the chemical reactions that take place during each step of the experiment. So in the procedures when a chemical was added i would like to see what the products and byproducts that were formed. I also want to see one over all reaction for this experiment to just get an overview of what exactly is happening during the experiment. Thank you:) Part B: Synthesis of [Co(NH3)5Cl]Cl2 Objective:...
In February 2012, the Pepsi Next product was launched into the US market. This case study...
In February 2012, the Pepsi Next product was launched into the US market. This case study provides students with an interesting insight into PepsiCo’s new product process and some of the challenging decisions that they faced along the way. Pepsi Next Case Study Introduction Pepsi Next was launched by PepsiCo into the US market in February 2012, and has since been rolled out to various international markets (for instance, it was launched in Australia in September 2012). The new product...
Acid-Base Behavior In addition to following the general safety rules, chemicals need to be handled properly....
Acid-Base Behavior In addition to following the general safety rules, chemicals need to be handled properly. In particular, two very important classes of compounds called acids and bases require special attention. These compounds are commonly used reagents in the laboratory; therefore, understanding their proper disposal is beneficial. Physical differences between acids and bases can be detected by the some of the five senses, including taste and touch. Acids have a sour or tart taste and can produce a stinging sensation...
Article # 1 Inside Nike, Women staffers circulated survey about workplace behavior Informal survey about alleged...
Article # 1 Inside Nike, Women staffers circulated survey about workplace behavior Informal survey about alleged inappropriate behavior by men at company triggered formal review. March 19, 2018, by Sara Germano & Joann S. Lublin for www.wsj.com Last year, a group of female employees at Nike circulated an informal survey about alleged inappropriate behavior by men at the world’s largest sportswear maker, people familiar with the matter said; a move that preceded the ouster of two veteran executives last week....
Identify hidden cost Identify a sunk cost trap Another assembly line is under construction in Building...
Identify hidden cost Identify a sunk cost trap Another assembly line is under construction in Building 3, to make a new stainless-steel dishwasher starting in early 2013. Building 1 is getting an assembly line to make the trendy front-loading washers and matching dryers Americans are enamored of; GE has never before made those in the United States. And Appliance Park already has new plastics-manufacturing facilities to make parts for these appliances, including simple items like the plastic-coated wire racks that...
The Business Case for Agility “The battle is not always to the strongest, nor the race...
The Business Case for Agility “The battle is not always to the strongest, nor the race to the swiftest, but that’s the way to bet ’em!”  —C. Morgan Cofer In This Chapter This chapter discusses the business case for Agility, presenting six benefits for teams and the enterprise. It also describes a financial model that shows why incremental development works. Takeaways Agility is not just about the team. There are product-management, project-management, and technical issues beyond the team’s control. Lean-Agile provides...
Sitting at his desk, Bob Menendez is distraught over his current situation. Bob is the founder...
Sitting at his desk, Bob Menendez is distraught over his current situation. Bob is the founder of a relatively young, small company called Digital Gaming (DG), which designs computer games. He has personally earned a lot of money and has a strong reputation in the electronic gaming industry for his vision and creativity. His computer games are routinely best sellers and rated among the top products in the industry, particularly for being lifelike, creative, and challenging. Recently, however, several industry...
What strategy would you recommend for Dove (1) in responding (or in not responding) to consumers...
What strategy would you recommend for Dove (1) in responding (or in not responding) to consumers and (2) going forward (or not going forward) with the campaign? If they were to go forward with this campaign, should Dove revise its Real Beauty message and if, so, how? The Dove Real Beauty Campaign In 2004, with sales at approximately $2.5 billion, Dove saw an opportunity to tap into women’s self-perceptions of beauty to address female insecurities while building a connection between...
CASE #1: COCA COLA The Coca-Cola company started 110 years ago as a small, insignificant one...
CASE #1: COCA COLA The Coca-Cola company started 110 years ago as a small, insignificant one man business. Since then, it has grown into one of the largest companies in the world. The first chairman of the company was Dr. John Pemberton and the current chairman is Muhtar Kent. The demand for this product has made this company into a 50 billion dollar business. Coca-Cola was invented by Dr. John Pemberton, an Atlanta pharmacist. He concocted the formula in a...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT