Regarding the quality of design, production, and distribution of products, an ethical requirement for management is to:
A) determine whether any of the organization's stakeholders are being wronged by poor quality products.
B) gain ISO 9000 certification for the organization.
C) obtain a product safety certificate from the Consumer Product Safety Commission.
D) have the organization's legal staff write disclaimers in the product instruction booklets.
E) compare the cost of product liability to the external failure cost.
A
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In which of the following cases is Royalty Chocolates repositioning its products?
A) When sales fell due to concerns about chocolate's high calorie count, Royalty Chocolates advertised its products as decadent gifts for bridal showers and weddings. B) Royalty Chocolates publicized its use of free -trade and organic ingredients to distinguish itself from competitors. C) When sales fell due to a product safety scare, Royalty Chocolates embarked on an extensive ad campaign to reinforce its brand identity in the minds of consumers. D) Royalty Chocolates decided to sell its chocolates in the familiar bar form as consumers associate this form with chocolate.
Linear programming variable names such as X11, X12, X13, could possibly be used to represent production of a product (X1j) over several months
Indicate whether the statement is true or false