Solving The Moral Dilemma Of Janet Moore Essay Example | Topics and Well Written Essays - 500 words - 7

Solving The Moral Dilemma Of Janet Moore - Essay Example If there are any misgivings about the firm or if I don’t like the product and goals, then I should not join the firm. This reasoning applies to manufacturers of alcohol products and arms. As per the case, the firm aggressively targets younger children with low-nicotine mint and cherry-flavored products so that they would graduate to the two much stronger and best selling brands. The issue that arises now but which has not been mentioned in the case is how does the snuff product compare with cigarettes. The case does not mention the comparison between the two products for addiction and harms done to the body and it is further assumed that the two products have the same levels. Cigarette marketing and branding are widely accepted and if the addiction and harm levels are same, then the marketing job that Janet is exploring should be acceptable. However, Janet has to take cognizance of the Kantian Philosophy of treating men as means to achieve an end. This attitude is callous as Kant argues that while men can be used as a means, they must be also treated as an end in themselves (Seidler, 1986). Therefore Janet has to realize that what her senior Karen says is also true, that they can use the job as a means to improve the firms' image and to save peoples lives. There are a number of lawsuits being files about the dangers of the tobacco product. Soon the firm would be in serious trouble. Janet and Karen can use their training and education to modify the marketing campaign to bring in the principle of utility. A balance can be struck between obtaining the required sales revenues yet prevent younger age children from being targeted by the Ad campaigns. Janet should take up the job more as a challenge and because she believes in the good that she can bring to kids. She could explore the concept of corporate social responsibility and ensure that the product carries enough health warnings and that people are aware of the dangers.

Free Market Economy Essay Example | Topics and Well Written Essays - 2000 words

Free Market Economy - Essay Example The restrictions include both the ownership and exchange of commodities. In this type of economy, the price of each item or service is agreed upon with the mutual consent of sellers and buyers. The seller is free to offer how much he wants to sell his products or services. Likewise, the buyer is free to bid for the purchase price he wants or needs to buy the product or service he or she craves for. The free market economy is similar to laissez fair economy where the economic condition in the real world is mostly confining government intervention in economic matters as a regulating against force and fraud among market participants. Therefore, with the country's government force limited to a defensive role, government does not ignite the spark in the marketplace. The government, in this scenario has the economic role to levy taxes in order to finance the smooth flow of the free market economy. In the extremely free market economy, its advocates strongly denounce the government's tax in tervention. On the other hand, the opposite to free market economy is a controlled market. In this type of economy, supply and price are set by a government. ... the free market economy is that the traders and buyers themselves must not force for defraud the other party thereby making the other person unhappy. In short, all trading done are morally voluntary on all parties. Supply And Demand Theory Table 1. Demand Curve1 The above table shows that, if the buyer is made to choose, if the purchase price (P1) above was lowered (P2), the demand for the products increases from the original quantity (Q1) to the higher quantity (Q2). This is taken from the St. Charles County Community College Econ 100-80 Survey Economics class. Table 2. Supply Curve Supply Curve2 above shows that if the supplier is made to choose, the supplier can increase the quantity he sells when the prices of his goods and services increases. Table 3. Equilibrium Price. Table 3 above based on Deardorff's Glossary of International Economics3 , states that the equilibrium price is the price where the demand curve and the supply curve intersect or meet. This equilibrium price is designated by the letter E. This is the price that makes both the seller and the buyer happy. 2. Explain the possible reasons for state intervention in the working of free markets and decribe the manner in which such intervention could take place. (30 marks)In reality though, there is really no completely free market economy. We have to admit that all governments do interfere with the generally free market to some degree. There will always be government intervention in the form of price controls, taxes and restrictions that prevent new or unwanted competitors from entering the state's free market. In supply-side economics, free market is a technical term that is used to pinpoint to a political or ideological viewpoint on policy which is may