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Margolin Case: Arbitration And Negotiation

935 Words4 Pages

If he did not like the outcome, he could then turn to arbitration or litigation.
Although ADR would provide a quicker means for Margolin and the two companies to reach an agreement, there are some disadvantages. First, for both forms following the ADR the companies could continue to do business as they were previously. Additionally, the public may never hear of the case. Mediation may lead to the companies trying to over power Margolin into reaching an agreement that does not give him all the benefits that he should be entitled to. Arbitration is harder to over turn, if Margolin does not like the award from the arbitrator, it will be more difficult for him to apply the case.
On the internet website where he bought the Funny Face, it was …show more content…

al, 2012, page 23). First we start with the ‘Who’? Using PYR benefits the company and all its members based on the increase in profit margin. The question if it affected the consumer was not properly analysis. If Chris did not know that the substance was harmful, then he definitely did not do the research to determine its affects or the affects of using the substance. Neither Chris nor Novelty Now took the steps to determine if PYR was safe therefore this was an unethical decision. The second question is ‘Purpose’. The purpose of using the PYR was in increase the profit margin. If solely looking at the second question of the WPH process, this could be considered an ethical decision. The last question is ‘How’? Suppose they did know that the substance was harmful at a very small percentage of a chance. As long as, they properly labeled the container stating that it may cause skin discoloration. Then this could then be considered an ethical decision. Overall, Funny Face and Novelty Now’s decision to use PYR in their formula was an unethical business decision based on not fully understanding the effect of PYR, and not properly packing the after shave

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