Decision Making and Ethical Issues in the Toybox Company: Analysis
VerifiedAdded on  2023/06/18
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Homework Assignment
AI Summary
This assignment analyzes the decision-making process of a toybox company in response to the introduction of electronic toyboxes. The core problem identified is the challenge of adapting to evolving technology and maintaining market competitiveness. The solution involves leveraging resources such as IT department employees and adjusting company policies. Alternative solutions include shifting to electronic toyboxes or creating non-electronic toyboxes with unique features. The assignment further explores the consequences of these solutions, considering both positive and negative impacts. Ethical issues, such as the potential dangers of technology use for children, mental health concerns, detachment, and misuse of personal information, are also examined, emphasizing the importance of addressing these issues through appropriate measures and policies. This assignment aims to provide a comprehensive understanding of the business challenges and ethical considerations in the toy industry.
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