Subject: Takata (Consumer) company issues
Facts source to get you started: Exploding airbags
Padmanabhan, K. (2017, January 20). Takata fined $1 billion for
hiding information on exploding car airbags
Comments: Other
legal topics you might include are product liability, wrongful death,
alternate dispute resolution (settlement)
Write
a well-supported analytical essay critiquing the company, its operations, and
the ethical dilemma it caused. Discuss the legal issues and concepts identified
and make recommendations for management.
1
. In an introductory paragraph identify the
company, the topic and a well crafted thesis statement.
2.
Briefly describe the company and the nature of
its business and corporate business environment. Do not spend a lot of time on
the history of the company, but do describe sufficiently to create meaningful
context. This should only need to be a paragraph.
3.
Research, define and discuss the legal
issues and regulatory environment for the company’s consumer issue.
(i.e., What are the specific laws involved?) Include case law.
4.
Ethical dilemma and two ethical frameworks:
Identify the ethical dilemma that the company presents with respect to the
consumer problem of the case study. This should be encapsulated in a single
sentence in your paper. Evaluate two ethical frameworks with
respect to the company management’s decisions that created situation. One of
these should be the ethical framework you identify as the framework the company
followed or that is illustrated by its decision-making giving rise to the
problem. The other framework you present and discuss is to be a contrasting
ethical framework that might have produced a different situation for the
company.
5.
Other legal topics that relate to the
company’s business: Also, clearly define and evaluate three (3)
additional legal topics (NOT related to consumer protection laws) that we
covered this term and that have involved this company. Suggestions are included
in the above chart. (Hint: Review the legal topics in the textbook and cite to
the the text in your analysis. We covered many subjects. Examples: contracts,
torts, product liability, bankruptcy, securities & stocks trading,
employment issues, defamation, privacy, ADR, etc. Include illustrative case
law.)
6.
General recommendations for business
leadership and managers that you have learned from this study (not just for the
company you have selected, but for operating and managing a business).
7.
Conclusion.
8.
References list
N Further,
as to direct quotes, these must be in quotation marks with the source properly
cited. No more than 10% should atrribute to direct quotes.
Word count is 3200 which exclude the title page, references