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Scenario 12.2 Use the following to answer the questions.Jonathan Moore, president of Polar Manufacturing Company, has just reviewed the performance reports for the previous year and sees that there are some areas in which the company needs to improve. He specifically feels they could do a better job in managing Polar's product mix. Jonathan calls a meeting of all the managers responsible for each of the product lines that Polar currently manufactures. The group decides that they need to eliminate the complete industrial product line of ice chests, and plan to do so by letting the product decline without any changes in the marketing strategy or product. The group also decides to delete Polar's line of personal thermal underwear, however this product is to be discontinued within the week due to its unprofitability. While discussing these strategies, the group has also uncovered several customer groups for which new products could be developed. The managers decide to assemble a group of people from all functional areas of the company and give them the responsibility for all aspects of the new-product development.
-Refer to Scenario 12.2. Because some products are not doing well, Jonathan Moore thinks that the company should set up a procedure to evaluate each product so that management will know when and how a product should be discontinued. He is suggesting a
Living Wage
A salary level that allows an individual or family to afford an adequate standard of living, including basic expenses such as housing, food, taxes, and healthcare.
New Deal Programs
A sequence of public works, regulatory measures, and financial reforms carried out by President Franklin D. Roosevelt in the 1930s in the US, aimed at mitigating the impact of the Great Depression.
Scottsboro Case
Case in which nine black youths were convicted of raping two white women; in overturning the verdicts of this case, the Court established precedents in Powell v. Alabama (1932) that adequate counsel must be appointed in capital cases, and in Norris v. Alabama (1935) that African-Americans cannot be excluded from juries.
Racism
Bias, unfair treatment, or hostility towards individuals of another race, stemming from the conviction that one's own race is superior.
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