Conclusion
Organizations have the ultimate responsibility to make sure that the product they manufacture is free from any fault. Products manufactured should be free from risks. Any product that produces or possess a slight risk for the consumers should be rectified during the initial stages before it is circulated in the market and reaches its end users. There is no product that cannot be rectified before it reaches the market.
Organizations avoid full fledge check and balance of the product in order to reduce costs, but one thing that they take time to realize is that return of faulty product or product liability lawsuit costs far more than ensuring proper check and balance of the product during its development. An organization should not in any means hide the complaints register by the customers from the regulatory body. Any defect found in a particular product should be investigated thoroughly until the root cause of the defect is found and corrected.
After all the lawsuits, scandals, bankruptcy and allegation against Mitsubishi, it would be very hard...
BK Product Liability Product liability is a complicated and expansive sect of law and society. The role of the consumer is very important in the economic processes and political organization of our environment. As a result of this influence, product liability laws are continually evolving and reaching out into new areas of commerce. The purpose of this essay is to examine the product liability law case of Byslma v. Burger King Corporation.
Like most litigations on such complicated issues the company had little to do but show reasonable accommodation, adopt better surface practices and wait out a lengthy period before their liability was reduced substantially by the courts. Ethical analysis: The key ethical issues of the case are pretty clear, did the captain knowingly endanger the environment by continuing to retain his position and navigate tankers through the area and did the company
Cultural Values and Ethics -- As the global economy becomes more of a reality, and as various developing countries increase the amount of business they do with developed countries, many cultural issues arise. Doing business is not the same worldwide, and as citizens of a global village, we must realize that there are different cultural norms and behaviors that are acceptable in some countries, unacceptable in others, and even expected
Tort Law The tort actions in this case would be the glass in the food that started the event in the first place. The other waiter caused a tort action when he spun into Anna's waiter causing him to be burned with the flaming dish. Anna's waiter would have caused another tort action by throwing the flaming apron and causing a table cloth to be caught on fire as well. This
Financial Analysis Rio Tinto is a major mining company in the FTSE 100, specializing in iron ore. The company is geographically diversified. A close competitor is BHP Billiton, and these two firms are compared on the basis of their operations and financial statements. From a financial perspective, both firms are relatively equal. Both firms had strong years in 2008 and 2010, with a weak year in 2009 in between. Rio Tinto's
Crisis Communication: Overcoming Barriers When Crafting an Effective Risk Communication Strategy When a disaster strikes, there is no time for planning, and what is already in place must therefore suffice. One of the most important factors to emerge from the aftermath of Hurricane Katrina was the need for more effective communications between the relief agencies, U.S. military and civil law enforcement. Effective communications between these agencies and the people that needed
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now