Posted: May 11th, 2021

Bus 624 – final paper – week 6 -timmco case study

BUS 624 – final paper – week 6 -Timmco Case Study

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Timmco Case Study

This Final Paper is comprehensive reflection of the knowledge you  have learned in this course. Thus, prior to beginning work on this  assignment, review each of the chapters of the course textbook. Then,  review the following case study:

For this class, The Timmco Case Study Final Paper will apply toward  Portfolium. Be sure to upload your paper to Portfolium once you have  completed it and share a link in your submission in addition to  uploading it to Waypoint to be graded. Learn more about Portfolium by  viewing the Portfolium Introduction (Links to an external site.) video and the Portfolium Quick-Start Guide (Links to an external site.).

Timmco Case Study

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Timmco, Inc. is a publicly traded corporation located in Denton,  Texas that makes and sells high pressure industrial spraying equipment  used in all sorts of commercial liquid spraying applications. It prides  itself on top quality and promotes its products as “100% made in the  USA”.

Sales have been declining recently due to competition from lower  priced competitors and Timmco is looking for ways to reduce costs. One  option under consideration is to find a new source for the high-pressure  valves used in its products. These valves are complicated mechanisms  that operate under very high internal pressure. If the valve was to  burst, it would spray pieces of metal in all directions and pose a  significant hazard to anyone standing nearby including the operator of  the equipment. Timmco currently has a contract to purchase 1,000 valves a  year at $2,500 per valve from Blagg Industries, a small privately owned  business located in Boone, North Carolina. The contract has been in  place for three years and has two more years to run.

Blagg Industries has a dozen employees. Timmco is its primary  customer. If Blagg Industries loses Timmco’s business, it will have to  lay off employees and might even go out of business.

Timmco is considering outsourcing the valves from Sanco, an overseas  supplier in the country of Slawrovia, instead of buying valves from  Blagg Industries. The Sanco valves only cost $1,000 each, but are known  to be of lower quality than the Blagg Industries valves and are more  likely to burst. Sanco can supply these valves at such low cost because  they pay their workers, including children, less than the equivalent of  $5 per day and work them long hours in hot, dangerous conditions.

Slawrovia is a poor country, but it has a large government  bureaucracy and there is a lot of red tape involved in getting approval  to export manufactured goods to other countries. In fact, it might take  more than a year for Sanco and Timmco to obtain the necessary approvals  for Sanco to export the valves to Timmco. Fortunately, the CEO of Sanco  is related to the Slawrovia Minister of Commerce and has told Timmco  that the necessary approvals can be obtained in less than a week if  Timmco makes a $20,000 “gift” to the Slawrovia Minister of Commerce.

In addition to finding a new, low cost valve supplier, Timmco plans  to increase sales by running a new marketing campaign that focuses on  their commitment to American made quality. The tagline will be “Made in  the USA by Americans, for Americans.”

You are a high-level executive at Timmco. Analyze the legal and  ethical issues presented by the Timmco scenario. Your legal and ethical  analysis should include breach of contract and remedies, negligent  torts, product liability, the Foreign Corrupt Practices Act, and  deceptive advertising and should incorporate a discussion and  application of one or more of the ethical theories from Chapter 4 of the  course textbook Business law: The Ethical, Global, and E-Commerce Environment.

Your legal and ethical analysis should,

  • Analyze breach of contract and remedies
  • Analyze negligent torts
  • Analyze product liability
  • Analyze the Foreign Corrupt Practices Act
  • Analyze deceptive advertising
  • Incorporate a discussion and application of one or more of the ethical theories from Chapter 4 of the course textbook Business Law: The Ethical, Global, and E-Commerce Environment.

The Timmco Case Study Final Paper

  • Must be eight to ten double-spaced pages in length (not including  title and references pages and formatted according to APA style as  outlined in the Ashford Writing Center’s APA Style (Links to an external site.) resource.
  • Must include a separate title page with the following: 
    • Title of paper
    • Student’s name
    • Course name and number
    • Instructor’s name
    • Date submitted
  • For further assistance with the formatting and the title page, refer to APA Formatting for Word 2013 (Links to an external site.).
  • Must utilize academic voice. See the Academic Voice (Links to an external site.) resource for additional guidance.
  • Must include an introduction and conclusion paragraph. Your  introduction paragraph needs to end with a clear thesis statement that  indicates the purpose of your paper. 
  • Your legal analysis should follow the IRAC method introduced in Week 1.
  • Must use at least seven credible sources in addition to the course text. 
  • Must document any information used from sources in APA style as outlined in the Ashford Writing Center’s Citing Within Your Paper (Links to an external site.) guide.
  • Utilize correct APA formatting for legal sources include case law and legislation. See the Citing Legal Sources (Links to an external site.) resource from the Ashford University Library as well as the Citing Legal Materials in APA Style (Links to an external site.) from the University Library of California State University, Stanislaus for assistance.
  • Avoid over-dependence on direct quotes. Direct quotes are a great  way to strengthen our assertions and provide support. However, be sure  to avoid using excessive direct quotes in lieu of original thought.  Direct quotes will not meet the requirement for analysis, application,  and critical thinking. Please ensure to not overuse direct quote so that  you can avoid losing points for this.
  • Must include a separate references page that is formatted according  to APA style as outlined in the Ashford Writing Center. See the Formatting Your References List (Links to an external site.) resour

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