New York’s city council voted this week to raise the legal age to buy tobacco products to 21. The reason for the change - NY Health Commissioner Thomas Farley says 80 percent of the city’s adult smokers start before age 21. Additionally, New York has set the minimum price of a pack of cigarettes at $10.50 and upped the fines for illegal and untaxed sales. Mayor Michael Bloomberg argues that these measures will effectively decrease the use of cigarettes among 18-20 year olds.
We all know smoking causes cancer yet cigarettes are still a part of pop culture and are marketed to young people. Tobacco companies, although heavily regulated, look to appeal to a young, hip generation. Will these changes help to deter young people from smoking? What implications could this potentially cause for tobacco business? Do you think these new restrictions are fair for tobacco businesses? Will this new policy have an effect on tobacco advertising’s target market? Comment with your view on this ethical issue.
Thursday, October 31, 2013
Monday, October 28, 2013
Will eating McDonald's make me able to dunk like LeBron James?
Athletes, being the epitome of health and fitness, create mixed messages when it comes to endorsing junk food. An article about athlete endorsements asks if athletes really eat the junk food they endorse. LeBron James and Serena Williams testify that they stick to a strict diet of healthy foods. They make no mention of eating the junk food they endorse. If they don’t eat it, why do they endorse it?
And this is not a new phenomenon. Athletes like Babe Ruth endorsed tobacco products back in the day….except at that time they probably used the products too....but does that make it right? Do you think there is a difference between athletes and other celebrities endorsing junk food? Should athletes endorse foods known to be bad for you especially when they don’t use the product themselves? What impact does this have on consumers? Are consumers being tricked? Weigh in on this issue in the comments.
And this is not a new phenomenon. Athletes like Babe Ruth endorsed tobacco products back in the day….except at that time they probably used the products too....but does that make it right? Do you think there is a difference between athletes and other celebrities endorsing junk food? Should athletes endorse foods known to be bad for you especially when they don’t use the product themselves? What impact does this have on consumers? Are consumers being tricked? Weigh in on this issue in the comments.
Wednesday, October 16, 2013
Return Whatever, Whenever?
Should a customer be able to return any item that he or she has purchased? And should this "right" be a "forever" right? This is a question posed in an article about LL Bean. The store famously allows returns from customers at any point....for any reason. In their words, they have " an astonishingly lenient return policy."
Take a moment and read the linked article and then give your input as to the impact (on the business) of this type of policy. Does it benefit the company more than it harms the company? Is it only appropriate for certain types of companies (consumer packaged goods? automobile companies? clothing companies? grocery stores?)? What do you see as the upside for the company that extends this benefit to customers? What are potential downsides? How do you weigh them against each other?
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