First discussion: Pretend you are again a manager of your favorite manufacturing company. You have been asked to determine whether a product (one of your choosing) should be manufactured in-house or outsourced to another vendor. Discuss the relevant costs you would consider for this decision as well as irrelevant costs and sunk costs. How would you use differential analysis to arrive at this decision? Are there any other items that should be considered when making this decision?
Second discussion: McDonald’s has been widely criticized for its advertising practices, which have heavily influenced children. It has also been accused of contributing to childhood obesity. Read the following case study: CASE 2-7: McDonald’s and Obesity.
Discuss the role of McDonald’s (and other fast food restaurant chains), parents, and the government in trying to prevent childhood obesity. Specifically, address the following in your initial post:
- Does McDonald’s have a right to advertise as much as it wants?
- What role do parents play? What role should government play?
- Do you think the government should ban advertisements directed toward children? Why or why not?
Discussions can be short 1-2 paragraphs. If you have any questions or concerns feel free to message me.