Discussion 3 Response 1
Reply to the below post in 200 words. The reply must include at least 2 scholarly sources (published within the last 5 years) in addition to the course textbook (attached) and relevant biblical integration. All citations and references must be in the current APA format. Do not repeat the same sources as the original post; use the text or Biblical integration.
The main purpose of the company by designing a product is how to reach the maximum profitability and manufacturing them at a lower cost making this process efficient, but before the production of this product is important for the company to analyze and consider different factors to achieve profitability, such as, demand by finding out if there is enough public for it and how to develop in such a way that entices the public or solve an actual problem for them, after all the most competitive and profitable products addresses this two important thing very well, some of them just focusing in the fact of the probability without thinking about secondary effect or the harm it can cause to the public, great example is fast food chains, the do solve the problem of making food quick and solve the problem of not having to go home and cook food especially if you need to eat something as you might probably have a meeting or gathering in your house but on the other hand this type if food those cause a lot of health problems. Many food and beverage companies produce and market products that contain large amounts of salt, sugar, and fat, which are important contributors to obesity, type 2 diabetes, and other so-called lifestyle diseases (Tempels, Veweij, & Blok, 2017), where is the social responsibility of this companies? Another factor to take into consideration is the supply side and seeing how much it need to be produced in order to keep up with the demand and the cost of it, which will determine the price of the goods.
In conclusion, is a very competitive environment nowadays and in order to keep up with it all the factor mentioned above have to be taken into account in order ti be successful, is not just producing it because there is market is also measuring impact and what make the product unique in the market so it can achieve profitability.
Tempels, T., Veweij, M., & Blok, V. (2017). Big Food’s Ambivalence: Seeking Profit and Responsibility for Health. Am J Public Health. doi:10.2105/AJPH.2016.303601
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