Ethical Consumer

Cultural, social, personal, and psychological factors all influence consumer behavior and affect the perceptions that customers have of the quality of brands. One factor that often influences consumer perception of the quality, credibility, and value of a product is the place where it is made – the Country of Origin Effect. The Country of Origin Effect deals with the negative or positive influence that the country of manufacture, assembly, or design leaves on a consumer’s idea of the quality of…

none of the P6 criteria and still be turned into a P6 product. Additionally, the creators of the P6 idea and logo also profit – not just the farmers or the local Co-op. While the campaign serves the interests of local and fair trade farmers, and consumers, it also serves the interests of the managers of the P6 brand. P6 is a brand that’s run out of an office. Someone manages the website, keeps the news updated, and does outreach to bring more co-ops into the program. As such, it keeps at least a…

Question 1 Problem: Does Adil fall under the category of a “Consumer” under the Australian consumer law (ACL)? Rule: Australian consumer law (ACL) in phase 3, defines the customer consistent with its right components. Consistent with the law, a person will be entitled as a ‘customer’ or Consumer who obtains particular goods or offerings that are really worth a fee much less than $40000 in general. In the same time, a person may be a ‘consumer’ if he or she acquires an excellent costing…

can be expressed as € PS = 0.2 + 0.0003Q. a) What is the price and quantity at which the market clears? The price and quantity at which the market clears is $3.50 and 11,000 respectively. b) What is the value of the consumer surplus and the producer surplus in this market? The consumer and producer surplus are $6,050 and $18,150 respectively. The overall benefit to society from producing and consuming candy bars is $24,200. c) Imagine that a new factory opened up which could make the item much…

Bed Bath & Beyond, Inc. has a policy of ethics that is used for all interaction and transactions of business with others internally and/or external of the Company. Whether it is employee to employee, employee to consumer, business to business or business to vendor, the Company’s ethical standards are expected to be abided by when acting on behalf of the Company. Any employee, including all associates, officers and board members, who violates the policy is liable to be subjected to disciplinary…

Determination of the Number of M&M in a Bag and Determination of the Density of Chocolate Yuan Lin, Brian Wladkowski, and Maya Zayats Data Collected: September 2, 2014 2:50pm Purpose: The purpose of this research is to try and answer two important questions regarding M&M candies. Namely, to determine the number of M&Ms in a snack sized bag without opening it, and secondly to determine the density of M&M chocolate. Methods: There where several methods used to try and determine the number of…

As stated by Hofstede (2015), country with more individualistic score tend to care more about themselves than the society. Thus, Thailand, in comparison to UK, seems to be more concern about ethical issues. This is because when ones feel that they are a part of their community, there are high possibility that they will care more about their society, and desert their personal needs (Gupta & Ogden, 2009). However, with higher power distance, a degree to which the members tend to accept inequality…

Ethical Standards Compared This paper examines the ethics code put forth by the American Psychological Association (APA) and that of the National Career Development Association (NCDA). An explanation of the major similarities and differences between the two ethics codes is presented. Finally, four individual standards are selected and explored more throughly. Ethical Principles of Psychologists and Code of Conduct According to the American Psychological Association (2002), the ethics code…

over the government bailout of General Motors Corporation. Did the CEO make the most ethical decision possible? Was the decision by the CEO based on egoism or utilitarianism? Was the government’s decision to do so based on egoism or utilitarianism? How does the ABCDs of ethics pertain to the bailout? Egoism in every form is self-focused. It can be personal, individual, and universal. It can also be ethical or unethical. People who practice personal egoism can be kind and benevolent, but the…

The development of social conscience has provided new areas of production focus for Samsung to achieve value added features. Environmental issues are forefront in consumer product evaluation, as global emphasis on this issue gathers momentum. Therefore, product development has been driven to achieve componentry that contains recyclable and environmentally safe manufacturing. The Galaxy Young 2 contains bioplastic components that are produced with a mix of recycled plastic, normal plastic and…