QuickHelper

(10)

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About QuickHelper

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Elementary,High School,College,University,PHD

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Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 353 Weeks Ago, 2 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Business & Finance Posted 30 May 2017 My Price 10.00

Management

Question description

 

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    After watching the Defective Airbag Maker Takata Faces Grilling on Capitol Hill video, imagine you are the CEO of Takata and you receive notice that there have been several defective airbags that resulted in death or severe personal injury. You order a data/risk analysis to be performed, providing you with a report of the potential costs associated with a recall versus the potential costs associated with victim litigation. The data suggests that the ratio of defective airbags to total airbags in use is very low and that it would be less expensive to pay litigation costs for the injured victims than it would be to launch a massive recall effort. You have an obligation to your shareholders to generate profits and you understand that a recall could ultimately bankrupt the company.What would you do? Why?


    First post your initial response answering the questions above (150-200 words). 

Answers

QuickHelper
(10)
Status NEW Posted 30 May 2017 09:05 AM My Price 10.00

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Attachments

file 1498633486-Defective Airbag Maker.docx preview (250 words )
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