Can Walexron hold Lou Scannon responsible for misappropriation of a trade secret? Another case recorded in China, in which, Walexron entered into an agreement with Chuangxiang Toys in China. The trade relationship was aimed to rum the retail store in China for the sale of Toys in China and to manufacture remote control helicopters, in china with the name RC Ranger Helicopter W450. After the manufacturing of these toy helicopters, RC Ranger Helicopter W450, in china, the company Walexron planned to sale the helicopters to the overseas suppliers and to ensure its quality. For this purpose, Walexron also ensured quality control tests in order to ensure the quality and safety of the products before the delivery of the products to the stores for sale. While testing procedure, it was revealed that the helicopter has some manufacturing fault and it was a small indication that the helicopters had the potential to catch fire if the batteries overheat. Although, the risks of batteries were already identified, the executives of Walexron approved the design, which was completely against the ethical and legal consideration as well as completely against the security and safety policy of the company, as it can result in the serious injuries to children or anyone due to overheated batteries. After the approval from the executives of Walexron the toy helicopters were delivered to the Walexron’s stores in the United States, Canada, and South America. Although, no such accident was
| The statement of fact raises an ethical issue because the design of the trucks is dangerous.
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.
The case of Trade Secrets misappropriation was a case between Best Buy and a company
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.
As a quality assurance and risk analysis manager, it is their duty to ensure that all products created and released by Lanterns R Us, are of the highest quality and safe for their consumers. Recently, the company invented a design, the Excelsor, which is projected to be hugely profitable. While doing so, the Excelsor is also anticipated to improve the quality of life of untold numbers of lantern enthusiast. Many employees of this company feel as if this product is exactly what the company, Lanterns R Us, needs to put them back on top.
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".
At an early age, Barry Minkow was introduced to the carpet cleaning industry by his mother who worked part time as a telephone solicitor for a small carpet cleaning company. This insight of the industry allowed Minkow to understand that the carpet cleaning industry was one which had very few barriers to entry, no licensing requirements, and required only a small amount of capital to enter. Also, because of these few barriers to entry, the industry has historically attracted a larger number of faulty startups in comparison to other industries. At 16 years old, Minkow started his carpet cleaning company under the name of ZZZZ Best Company. Right away he had a difficult time with customer
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,
Within less than 30 years, Wal-Mart had transformed from a small rural retailer in Arkansas into the largest retailer in the U.S. In order to continue this rapid growth, the company had started to pursue international expansion grounded in the belief that the firm’s business model of offering quality products at low prices and great customer service would appeal to consumers everywhere around the world (p.8)[1]. China was of particular interest in going international as Wal-Mart’s top management held the opinion that it was the only market in which the firm’s success story in the U.S. could be repeated (p.2/8). However, in 2005 (nine years after its
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
LDDS started with about $650,000 in capital but soon accumulated $1.5 million in debt since it
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
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
Recently, the company commissioned Chinese companies to produce some of its toys. These Chinese-made toys were suspected of containing harmful aspects for children such as magnets which could be swallowed by children, hazardous lead paint, and plastic ignition key that kids can sit on or fall.