The responsibility of the directors of a corporation is to provide a return to shareholders on their financial investment in the corporation; in other words, shareholders expect to make money on their investment. Corporations such as Facebook, Google, and Apple are financed through the sale of billions and billions of dollars in shares purchased by investors. Sometimes, however, the duty to maximize profits runs contrary to legal, but still questionable, business opportunities.
Assume that you’re the director of one of the corporations listed below and have been presented with the business opportunity described in the scenario. Would you advise the corporation to accept the opportunity? Make sure to fully explain your answer, considering both the financial return expected and any related ethical concerns.
ToyCo has just been informed that its wooden trains produced in China contain lead paint and can no longer be sold in the United States. However, a distributor offers to negotiate a deal with a foreign company to sell the trains in a South American country that has no laws addressing the presence of lead paint in children’s toys.
BabyHealth is seeing decreasing sales of its powdered infant formula in the United States due to more and more mothers choosing to breastfeed their babies. In an effort to offset these losses, BabyHealth chooses to sell their formula in third-world countries. However, it is widely known that the water sources in these countries is often contaminated and not boiled prior to use.
After producing 10 million versions of its new smartphone, PhoneLand discovers that due to a manufacturing oversight, some of the phones may catch fire if left in a car on a hot day. While the worst case financial impact from the phones catching fire is $10 million in damages, recalling and repairing the phones will bankrupt the company.”
This article opened my eyes, I can feel your mood, your thoughts, it seems very wonderful. I hope to see more articles like this. thanks for sharing.
Your article gave me a lot of inspiration, I hope you can explain your point of view in more detail, because I have some doubts, thank you. 20bet
Thank you very much for sharing, I learned a lot from your article. Very cool. Thanks. nimabi
Aw, this was a very nice post. Taking a few minutes and
actual effort to make a really good article… but what can I say… I procrastinate a lot
and don’t seem to get anything done.
Wow, this post is fastidious, my sister is analyzing
these things, therefore I am going to inform her.
I’m really impressed along with your writing abilities and
also with the structure to your weblog. Is this a paid subject or
did you modify it yourself? Anyway stay up
the nice high quality writing, it’s rare to see a nice weblog
like this one today..
This is my first time go to see at here and i am actually happy to read all at alone place.
Excellent weblog here! Additionally your site loads up very fast!
What host are you the usage of? Can I am getting your affiliate hyperlink to
your host? I want my website loaded up as fast as yours lol