For each of the following situations, the market system has failed and/or just will not allocate resources efficiently: Situation 1: Firm A produces cement sifters. The process includes the melting of metals and chemicals which give the sifters strength. In the production process, waste is produced and released into the […]

Kantian theory seems a bit different from a utilitarian approach as he states that an activity could only be ethical if the initial intention were morally motivated. Goodwill is the basis for Kantian business ethics implying that the morality of any activity can only be tested using a person’s initial […]

Analyze your own skills on the job and explain if you are readily open to feedback and criticism at work. Give a recent example of how you took criticism. This example can be a positive or negative experience. Based on your example, explain how you can improve your ability to […]

LensCrafter’s operations strategy involves delivery of high quality lenses, accompanied with superior customer service within the shortest period of time. This can be seen with the way the firm endeavors to employ state of the art technology in its process and ensures that the customer will have his or her […]