Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Managing Product Recalls Factors That Influence Recall Restitution And Time To Recall
Download Managing Product Recalls Factors That Influence Recall Restitution And Time To Recall full books in PDF, epub, and Kindle. Read online Managing Product Recalls Factors That Influence Recall Restitution And Time To Recall ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Managing Product Recalls - Factors that Influence Recall Restitution and Time to Recall by : Etayankara Muralidharan
Download or read book Managing Product Recalls - Factors that Influence Recall Restitution and Time to Recall written by Etayankara Muralidharan and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Causes of Product Recalls: how Interorganizational Strategic Activities and the Top Management Team Influence Product Recall Risk by : Julian Nicolas Schulte
Download or read book The Causes of Product Recalls: how Interorganizational Strategic Activities and the Top Management Team Influence Product Recall Risk written by Julian Nicolas Schulte and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Product Recall Guidelines by : British Retail Consortium
Download or read book Product Recall Guidelines written by British Retail Consortium and published by The Stationery Office. This book was released on 2003 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Legislation places obligations on all those in the supply chain to ensure that only safe products are placed on the market. However, there will be occasions where mistakes occur or there are unforeseen circumstances that place the consumer at risk. Every year a significant number of products are withdrawn from the market , and in cases where the safety risk to the consumer is judged to be high, these result in product recalls. This publication provides practical guidance and advice on the key requirements for the product recall process, particularly to small and medium-sized companies who may lack experience in the handling of product safety issues. It is designed to assist the development of policies and plans that can be linked to detailed operational procedures, with the aim of providing improved consumer protection whilst minimising the commercial impact.
Book Synopsis Three Essays on the Effects of Product Recall on Decision Making by : Arka Mukherjee
Download or read book Three Essays on the Effects of Product Recall on Decision Making written by Arka Mukherjee and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effects of product recalls can be utterly disastrous for the firm responsible for the recall. A recalling firm may bear substantial external failure costs along with sales loss due to a tarnished goodwill. Deciding the pre-recall and post-recall advertising, price and quality are crucial for both the recalling firm and its rivals. Using a differential game theoretic modelling approach, we develop and analyze theoretical models associated with a product recall and study the effect of the same on supply chain decision making. In our first essay, we analyze a scenario with two manufacturers under goodwill-advertising competition. Either one firm or both firms can be susceptible to recall a product, and both are aware of the recall likelihood ex-ante. We examine the pre-crisis and post-crisis equilibrium advertising efforts and effect of recall on firms' profits when firms are farsighted or "hazard myopic. We show that the variance of advertising in the two periods and the profits of the firms depend on crisis likelihood and impact. The trade-off between the likelihood of crisis and its impact explains the previous conflicting findings of the literature. In our second essay, we investigate joint decisions of pricing and advertising for mitigating the harmful effects of a product recall on a firm and the negative spillover effect on a rival firm. We recommend the equilibrium pricing and advertising policies of the two competing firms under product recalls of different impact and likelihood. We compare the case when the focal firm is a market leader to the case when both firms are similar. In the third essay, we define two contracts for managing "collateral damage" during a product recall. We show that adopting a cost-sharing contract can be beneficial for suppliers and manufacturers. We found that cost-sharing decisions, advertising efforts and quality efforts vary under different scenarios. There may be individual motivation for the firms to move against a contract under different crisis likelihood and impact. Nevertheless, the supply chain profit is always higher under a contract.
Book Synopsis Product Recall Management by : Sascha Raithel
Download or read book Product Recall Management written by Sascha Raithel and published by Springer. This book was released on 2024-10-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Product recalls affect thousands of products globally each year, impacting millions of customers and causing severe consequences for companies. For instance, Takata’s airbag recall cost $25 billion and led to bankruptcy. Similarly, a viral video showing a Kryptonite bike lock easily broken damaged customer trust significantly. Effective recall management is crucial. It involves addressing supply chain, production, legal, and customer relationship aspects, with marketing playing a key role. A well-managed recall limits company damage and protects customers, while also considering investors, regulatory agencies, policymakers, and the public. This book offers guidance on developing a recall strategy, communicating safety risks, and restoring trust post-crisis. It provides detailed recommendations for recall management across different phases, with insights into consumer goods, food, and automotive sectors, and shows the broader impact of product defects. This book is a practical toolkit for managers, backed by current research and real-world case studies, ensuring effective navigation through product recalls.
Book Synopsis On the Determinants, Financial and Operating Consequences, and the Product Market Effects of Product Recalls by : Omesh Kini
Download or read book On the Determinants, Financial and Operating Consequences, and the Product Market Effects of Product Recalls written by Omesh Kini and published by . This book was released on 2013 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study a large sample of product recalls that include a wide variety of products such as consumer products, food, drug, medical devices, and automobiles and show that such product quality failures have significant adverse value consequences for the recalling firms. Our analysis sheds light on factors that affect the incidence of product recalls, the financial and operating consequences for the recalling firms, and the actions taken by them in response to the recall. We also study the value implications for the rivals and suppliers - which enable us to draw important inferences about product market linkages. We find that the financial condition, competitive position, coordination costs, incentives of workers and management, and monitoring environment impact recall likelihood. Recall events result in significant costs for key suppliers which are further exacerbated if they have made larger relationship-specific investments. Further, instead of benefiting from the recalling firms' problems, industry rivals suffer adverse contagion effects, perhaps due to anticipated regulation and diminished perceptions about the product category. We find that a larger investment in brand capital alleviates the negative wealth effects for the recalling firms. Finally, using a difference-in-differences approach, we find that recalling firms suffer sales declines and increase advertising expenditures - consequences and policy changes that we further show are not just due to a continuation of a differential trend from before the recall event and, therefore, directly attributable to the recall.
Book Synopsis The Causes and Consequences of Product Recalls by : shafu zhang
Download or read book The Causes and Consequences of Product Recalls written by shafu zhang and published by . This book was released on 2018 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the chapter 2, I find that a CEO's characteristics will have direct impact on the occurrence of a firm's product recall. I also find that various corporate governances mechanisms can effectively mitigate/control the negative impact of CEO's characteristics on the likelihood of product recall events. For the chapter 3, I investigate the impact of PHC on firms' financial reporting policy. I find evidence that firms experiencing a product harm crisis engage in income-increasing earnings management, and the upward earning management is positively associated with the severity of the product harm crisis. Moreover, income-increasing earnings management is most prominent for crisis firms that produce durable goods, have industrial customers, and have CEOs who possess greater equity incentive and who are earlier in their tenure. Furthermore, upward earnings management helps firms retain major customers and reduces the propensity of a bonus cut and forced turnover for the CEO. For the chapter 4, I study debt market reaction to the announcements of recall firms. I find that banks charge 19% higher interest spreads on loans to recall firms after product recall announcements. In addition, banks monitor recall firms more closely by using tighter non-price terms I further find that the effects of product recall on debt contracting are more pronounced for firms with less independent board of directors, lower ex-ante ability to recover from product recalls, and with multiple product recalls. Taken as a whole, my findings suggest that banks, as informed stakeholders, generally perceive product recalls as a credit risk factor and react to this risk in debt contracting.
Book Synopsis Managing Product Recall by : Howard Abbott
Download or read book Managing Product Recall written by Howard Abbott and published by . This book was released on 1991 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Product Recalls Conceptualized as Social Dilemmas by : Skyler Masaji King
Download or read book Product Recalls Conceptualized as Social Dilemmas written by Skyler Masaji King and published by . This book was released on 2016 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation explores the product recall decision. I first posit that the product recall decision can be viewed as a social dilemma where short-term individual interests and long-term collective interests are at odds. Consistent with this reasoning, Study 1 finds that the product recall decision can be viewed as a social dilemma. Building on these findings, Studies 2-4 explore how factors found to influence cooperation in social dilemmas impact the product recall decision. Study 2 explores how decision makers' time-horizons, CFC, and perception of the decision affect their willingness to recall a product. Results show that decision makers' time-horizon does not affect one's willingness to recall a product. However, CFC effects recall intentions through ethical perceptions of the decision. When decision makers' CFC is high and when the decision is perceived as being an ethical decision, willingness to recall a product increases. Study 3 explores how group size affects willingness to recall a product and study 4 explores how anonymity and product defect severity affect willingness to recall. Study 3 and 4 replicates the effects of CFC and ethical perceptions of the decision on willingness to recall, however, group size, anonymity, and product defect severity did not affect willingness to recall.
Download or read book Product Recall written by Robert Bartlett and published by . This book was released on 2000 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Managing Product Recall by : Howard Abbott
Download or read book Managing Product Recall written by Howard Abbott and published by Trans-Atlantic Publications. This book was released on 1991 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers information on product recall based on the author's own experiences in helping companies recall products, both by prevention due to planning ahead and in actual recalls occasioned by accidental defects or deliberate contamination of products. Topics covered include marketing and the law.
Book Synopsis Does it Pay to Recall Your Product Early? An Empirical Investigation in the Automobile Industry by : Anne Eilert
Download or read book Does it Pay to Recall Your Product Early? An Empirical Investigation in the Automobile Industry written by Anne Eilert and published by . This book was released on 2016 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Defective products are often recalled to limit harm to consumers and damage to the firm. However, little is known about why the timing of product recalls varies across firms after an investigation is opened. Likewise, there is little evidence on how the timing of product recalls impacts firm performance. This study tests the effect of problem severity on time to recall and the contingent role of brand characteristics in moderating this relationship. The hypotheses are tested on a sample of 381 recall investigations conducted in the automobile industry between 1999 and 2012. The results show that while problem severity increases time to recall, this relationship is weaker when the brand under investigation has a) a strong reputation for reliability and b) experienced severe recalls in the recent past. However, the positive effect of problem severity on time to recall is stronger when brands are diverse. Importantly, the findings reveal that on average higher times to recall are punished by stock markets. The study suggests that time to recall has significant consequences for managers and policy makers.
Book Synopsis Does a Firm's Product Recall Strategy Affects Its Financial Value? An Examination of Strategic Alternatives During Product-Harm Crises by : Yubo Chen
Download or read book Does a Firm's Product Recall Strategy Affects Its Financial Value? An Examination of Strategic Alternatives During Product-Harm Crises written by Yubo Chen and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Product-harm crises often result in product recalls that can have a significant impact on a firm's reputation, sales, and financial value. In managing the recall process, some firms adopt a proactive strategy in responding to consumer complaints while others are more passive. In this study, we examine the impact of these strategic alternatives on firm value using Consumer Product Safety Commission recalls over twelve year from 1996 to 2007. Using the event study method, we show that regardless of firm and product characteristics, proactive strategies have a more negative effect on firm value when compared to more passive strategies. One explanation for this surprising result is that proactive strategies are interpreted by the stock market as a signal for substantial financial losses to the firm. When a firm proactively manages a product recall, the stock market infers that the consequence of the product-harm crisis is sufficiently severe that the firm had no choice but to act swiftly to reduce potential financial losses. Therefore firms dealing with product recalls need to be sensitive to how investors may interpret a proactive strategy and be aware of its potential drawbacks.
Author :American Society for Quality. Product Safety and Liability Prevention Interest Group Publisher : ISBN 13 :9780873894579 Total Pages :0 pages Book Rating :4.8/5 (945 download)
Book Synopsis The Product Recall Planning Guide by : American Society for Quality. Product Safety and Liability Prevention Interest Group
Download or read book The Product Recall Planning Guide written by American Society for Quality. Product Safety and Liability Prevention Interest Group and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recall of a product is an expensive and traumatic incident. Product liability insurance only provides protection against financial losses due to claims and lawsuits. It normally does not protect against the high costs of handling product recalls. To keep costs down, manufacturers must be ready with a recall plan. The Product Recall Planning Guide will help you plan your recall process. Methodologies for product liability prevention are also included.
Book Synopsis The Antecedents of Product Recalls by : Thomas Reinfried Kießling
Download or read book The Antecedents of Product Recalls written by Thomas Reinfried Kießling and published by . This book was released on 2019* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing a Product Recall written by and published by . This book was released on 2002 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Product Recall A Complete Guide - 2020 Edition by : Gerardus Blokdyk
Download or read book Product Recall A Complete Guide - 2020 Edition written by Gerardus Blokdyk and published by 5starcooks. This book was released on 2020-05-15 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does your supply chain organization process product recalls swiftly and accurately? Does a organizations product recall strategy affect its financial value? What actions are made in case of a product recall? What drives a organizations choice of product recall remedy? Is there a nominated person responsible for product quality, product recall, traceability, food safety and hygiene? Defining, designing, creating, and implementing a process to solve a challenge or meet an objective is the most valuable role... In EVERY group, company, organization and department. Unless you are talking a one-time, single-use project, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?' This Self-Assessment empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Product Recall investments work better. This Product Recall All-Inclusive Self-Assessment enables You to be that person. All the tools you need to an in-depth Product Recall Self-Assessment. Featuring 954 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Product Recall improvements can be made. In using the questions you will be better able to: - diagnose Product Recall projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices - implement evidence-based best practice strategies aligned with overall goals - integrate recent advances in Product Recall and process design strategies into practice according to best practice guidelines Using a Self-Assessment tool known as the Product Recall Scorecard, you will develop a clear picture of which Product Recall areas need attention. Your purchase includes access details to the Product Recall self-assessment dashboard download which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next. You will receive the following contents with New and Updated specific criteria: - The latest quick edition of the book in PDF - The latest complete edition of the book in PDF, which criteria correspond to the criteria in... - The Self-Assessment Excel Dashboard - Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation - In-depth and specific Product Recall Checklists - Project management checklists and templates to assist with implementation INCLUDES LIFETIME SELF ASSESSMENT UPDATES Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.
