term paper

User Generated

94pu

Humanities

Description


this is comments about my summary last time.

First, dumping clearly seems to be in the best INTEREST of the shareholders, etc. You could address issues of the fiduciary obligations of management here, if you choose.

Second, you note that those who purchase the product are not in a position to really provide INFORMED CONSENT. This would also be a good place to discuss a business's responsibilities concerning PRODUCT LIABILITY.

You suggest that product liability is the most relevant issue in this case. What you will want to do is explore the different standards for product liability, defend the claim that one of them applies here, and then explain why that does or does not make it the responsibility of business to stop exporting. You also suggest that it might be the responsibility of government. Why would it be their responsibility rather than the business or the consumer?


Goals

Demonstrate...
...your understanding of course material
...your ability to develop a moral argument
...your ability to apply course concepts to concrete, real-world cases

End Product

A short paper defending a solution or analysis of a particular business ethics case. While there is no strict page limit or style requirements, use the following guidelines:

● Between 1,000 and 1,500 words ● 12 point font
● Times New Roman typeface
● Double-spaced

● Chicago-style parenthetical reference for citations (however, no reference are required beyond reference to the case study itself)

Topics

  • ● Case #1: Product Dumping
    1. Outline an argument in favor of a stance on the issue.
    2. Write a short paper (see above) including a summary of the case, identification of the ethical concerns, and you argument (not in outline form) in defense of your stance on the issue.

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Explanation & Answer

Attached.

Surname 1

Product Dumping &Liability
Name
Instructor
Institution
Date

Surname 2

Introduction
Dumping is the process whereby products of one nation are introduced into the market of
another nation at less than the normal price of the products.Dumping is unethical since it brings
about adverse effects to an already established industry in the territory of a contracting party or
impedes the establishment of a domestic industry. The management of organizations has a
fiduciary obligation when it comes to the topic of dumping. The fiduciary obligation is the
ethical or legal relationship of trust and confidence between the shareholders and the
management. In the case of dumping, the management has an obligation to respond promptly and
effectively to reduce the effect of suspected ethical violations. It is usually the duty of the
managers to come out and speak on behalf of the company and the stakeholders will be keen to
hear how the company took ethics into account.The organization needs to observe ethical issues
which include the rights and duties between it and its customers, neighbors, suppliers, employees
as well as its fiduciary responsibility to the shareholders.The most relevant ethical issue when it
comes to dumping is product liability. Product liability is the notion whereby a seller or producer
of a commodity is held legally responsible for making available a faulty commodity into the
hands of the buyer.
Product liability is the most relevant issue because there are regulations set for producers
to comply with and therefore these commodities need to meet the basic expectations of the
consumers. When the products of the company do not meet the expectations of the customers,
then they are vulnerable to legal action from the consumers.During the production phase,
business ethics entails the obligation of an organization to ensure that its products do not bring
about harm to the users. The sellers also have an obligation to ensure that what they sell to their

Surname 3

consumers are not defective and of poor qual...


Anonymous
I was having a hard time with this subject, and this was a great help.

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