First, choose a business that interests you. For example, you may want to resear
ID: 367678 • Letter: F
Question
First, choose a business that interests you. For example, you may want to research the Johnson & Johnson pharmaceutical company.
Second, choose three topics from the list below that relate to your business. For example, you may choose corporate social responsibility, product liability resulting from failure to warn, and product liability resulting from negligent product design.
Topic List: Choose Three
Business Ethics: Corporate social responsibility (e.g. Enron)
Business Ethics: Ethical and legal issues concerning sub-prime mortgage lenders
Business ethics: Discuss roles of the law and ethics in business decision making.
Business ethics: GMO products
Business ethics: Encouraging ethical behavior at work
Business ethics: Encouraging whistle blowing
Business Ethics: Legal and ethical issues concerning payday loans
Business Ethics: Loans from employers to employees
Business Ethics: Legal and ethical issues concerning sport franchises or sports agents (Try googling the Sports Agent Responsibility and Trust Act to start)
Business Ethics: Legal and ethical issues concerning strategic mortgage default
Business Ethics/Crimes: Legal and ethical issues concerning the illegal use of free wifi provided by businesses
Business Ethics: Legal and ethical issues concerning the rights of air travelers
Business Ethics: Legal and ethical issues concerning whistleblowing
Business Ethics/Torts: Legal and ethical issues concerning wrongful lockout (negligent foreclosure and taking possession of the property when house is not in foreclosure or is even paid off)
Business Ethics: Legal and ethical issues of marijuana businesses
Constitutional law: Takings clause
Constitutional law: Rights of business owners
Constitutional law: The free exercise of religion as it pertains to employers or employees (Examples: GoogleSherbert v. Verner or Burwell v Hobby Lobby).
Constitutional law: Commercial freedom of speech
Constitutional law: Advertising and free speech (Example: Google Williams-Yullee v. Florida Bar)
Contracts: Duress
Contracts: Undue influence
Contracts: Misrepresentation
Contracts: Mistake (unilateral & mutual)
Contracts: Non-disclosure agreements
Contracts: Exclusionary clauses
Contracts: Non-compete clauses
Contracts: Breach of contract
Contracts: Emancipation of a minor (a.k.a. “divorcing your parents”)
Contracts: Emancipation and child actors (Examples: Drew Barrymore, Aaron Carter, Macaulay Culkin)
Criminal Law: Money laundering
Criminal Law: Bribery
Criminal Law: Counterfeiting
Criminal Law: Mail fraud
Criminal Law: Wire fraud
Criminal Law: Racketeering
Criminal Law: Identity theft
Criminal Law: Bankruptcy fraud
Criminal Law: Embezzlement
Criminal Law: Bank fraud
Criminal Law: Tax evasion
Criminal Law: Workplace violence
Criminal Law: Anti-trust law violations
Criminal Law: Employee theft of merchandise or customer theft
Criminal Law: Check fraud and check washing
Criminal Law: Insider trading
Criminal Law: Civil asset forfeiture
Defamation of character: Public versus private figures
Discuss warranties imposed by law in the sale of goods.
Discuss Major League Baseball’s exclusion from anti-trust law.
Employee Privacy
Electronic Communications Privacy Act, amended by the PATRIOT Act
Free speech in the workplace
Free speech: Employee privacy and social media
Gun control laws and the firearms industry
International business law: Commercial space law
International business law: Best practices of international corporations
International business law: Discuss how business laws differ in other countries and how that impacts your business.
Intentional torts
Liability of real estate agents
Liability of a principal for an agent’s torts and/or crimes
Nuisance law and business compliance
Negligence
Product liability law (Examples: the Toyota acceleration problem, the Ford Pinto, the Tobacco industry, talc in baby products)
Product liability law: Negligent design
Product liability law: Failure to warn
Product liability law: Negligent manufacturing
Product liability law: Breach of warranty
Product liability law: The defense of product misuse
Religion in the workplace
Your paper should include:
1. a title page
2. an abstract
Your paper should include an abstract. Here is a resource link which will assist you in creating your paper's abstract:
Purdue OWL (2014). Abstract. Retrieved from https://owl.english.purdue.edu/owl/resource/560/01/Links to an external site.
3. four edited pages, double spaced with parenthetical references (Use APA formatting),
4. and a list of your sources (a works cited page or a bibliography) formatted using APA formatting. At least five references are required for this paper. Please use at least one Internet source and one hardcopy source (a book or journal article, for example) in your paper--the course textbook works fine as a hardcopy source.
References need to be scholarly as opposed to dotcom websites. Wikipedia is not a scholarly source. Try Google Scholar or the Park Virtual Library.
NOTE: The abstract and the bibliography DO NOT count towards your page count.
Explanation / Answer
Procter And Gamble
Procter and gamble has been a Pioneer in the industry, procter and gamble has grown as a giant with the vast product range as well as youth services across the globe. Procter and gamble has always been very much standard in the industry it deals in. Procter and gamble product range never face any kind of intense competition as it was the only one to introduce such things to the market.
Company deals in so many Industries as well as have the very much large product range. Specific product train itself is example for existing new industries in the business. By setting up the standard for different companies Procter and gamble had never focused on creating innovative products to the society.
Having a great identity in the business procter and gamble never needed any kind of research and development for its product to introduce new ideas to the market as it was generating huge revenues from the previous product range. Buy standardizing its overall product range procter and gamble has successfully implemented the standard product form for its product Rangers.
Customers are also very used to buy traditional products from PNG which reflects their traditional built up. By having a product train which is trustable inauthentic became the main reason behind lack of innovation in the product range of Procter and gamble.
By implementing the new product into the product range of the company, a company can easily attract the new customers as well as some specific targeted customer range. By targeting some specific targeted customer range company can increase the overall revenues with the help of new and innovative products.
Procter and gamble has been a Pioneer in the industry, procter and gamble has grown as a giant with the vast product range as well as youth services across the globe. Procter and gamble has always been very much standard in the industry it deals in. Procter and gamble product range never face any kind of intense competition as it was the only one to introduce such things to the market.
Company deals in so many Industries as well as have the very much large product range. Specific product train itself is example for existing new industries in the business. By setting up the standard for different companies Procter and gamble has always focused on creating innovative products to the society.
By Implementing five forces analysys on P&G we can easily determine the company position.
P&G has faced extreme competition as it is dealing in the mainstream customer products. By having a very large product range and dealing in different sections of the industry ,P&G has invited large number of competitors.
Low cost marketing companies with huge discounts are one of the major competitors of the company.
Company's global position is facing a big competition as there are different competitors are providing cheaper services and also understand the specific market better than a foreign company.These smaller entrants to the market create an opportunity to compete with the P&G and also create a threat for the company.
P&G has a extremely big business structure and provides its services globally.This specific term introdueces the extreme chances of supplier bargainng. As the company is depending on the third party suppliers as well as getting raw materials from the suppliers are bargained as per the changing industry values.
this specific bargaining modules affect the company's overall profits and also effects its position in the global as well as the local markets.
Customer plays an important role in the overall revenue of Procter and gamble. As the new market entrance with low prices are entering the market customers are comparing the products and providing their feedback as well as buying the products according to their needs. Is a specific competition is directly driving a change into Procter and gamble strategy towards creating more user friendly as well as cheaper product according to the market. By having the customer bargaining into the strategy of the company procter and gamble is successfully driving a change into its overall strategy towards defining the sales and management processes across the globe.
As the market is going toward more cheaper segments. Smaller and much modern competitors are entering into the market. New entrant are having new strategies as well as newer dealing patterns towards the customers, These specific entrants are creating huge competition for Procter and gamble as they are creating a low price market. Procter and gamble has to reintroduce it's strategies towards e-marketing to provide a better support for the customers and to give better price to content ratio products.
Company is facing great loss has the competitors are providing extreme discounts which are making the customers shift toward the different competitors as compared to Procter and gamble.
This is one of the biggest threat available for Procter and gamble. Procter and gamble is being substituted by the different brands available in the market which are providing better substitutes at different pricing. Those specific Grounds are having an aggressive pricing towards Procter and gamble and also providing quality products, companies overall ethical position is providing great support for the company's overall sales but the new entrants with better quality of the products and new advertisement ideas are also creating a substitute which is creating a huge loss for the company.
4p analysis of Procter and gamble
Products
Procter and gamble is a consumer good company and deals in different sort of products which can be described as
Procter and gamble provide its services in the specific goods area. Each and every segment of the specific products has their own management system as well as the supply chain network to ensure the delivery of the product on time. Business Pacific segment have their own us annual filings with the UN Security and exchange Commission.
Procter and gamble has successfully integrated its product range into different categories by implementing product ranging from shampoos to the post shave products. Multiple fabric products like detergent and other home care products are also available. Feminine care products as well as baby care products such as diapers and other related products are also available .
Company has successfully expanded its overall business to a large number of products and operating successfully in each and every segment. This enables Procter and gamble to form a simpler as well as more streamlined organisation..
Place
Procter and gamble is a global company and provide its services globally. By having a business across the globe company strategy moulds according to the specific market in which the company is dealing in.
The main places which Procter and gamble uses for his doing its business.
Retailers are the mean source of sales for Procter and gamble afterwards PNG shops as well as the authorised distributors are also one of the main parts of the selling system for Procter and gamble. By having this is specific stores on work procter and gamble also sell their products online on the website like Amazon and other collaborated websites. But mainly Procter and gamble is depending on the retailers to sell their overall goods.
Promotion
Promotional strategy of procter and gamble includes
Advertising is the Procter and gamble main promotional strategy which carries out on each and every medium available undefined as well as on newspapers from 10 and gamble has successfully influenced its customers towards buying a product of Procter and gamble.
Prices
Well known for its customer oriented pricing and provision the prices according to the market. Procter and gamble determine the market needs and provide the pricing strategy according to the market for better involvement with the customers. Why having a better involvement with the customers Procter and gamble and successfully create in anegan working environment with a successfully accepted pricing system.
Different pricing strategies of Procter and gamble includes
Most of the time market oriented pricing strategy is the main strategy based Procter and gamble uses for different market across the globe. My having different pricing according to the different Markets and peoples need Procter and gamble are successfully generating huge revenues from the same markets.
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