Ethics - McGraw-Hill Introduction to Business

New Tariffs Make Baby Products More Expensive

April 30, 2025

When Rayne Heath, a tech worker in Ohio, started shopping for a stroller, she planned to wait until after her baby shower. But after hearing about new tariffs on Chinese imports, she rushed to buy a $1,200 Nuna stroller before the price jumped by nearly $200. Heath’s story is increasingly common among expectant parents. Essential baby gear like strollers, car seats, and cribs—already costly—are becoming even more expensive due to new tariffs as high as 145% on products from China. Continue reading →

Operations Management, Global, Ethics, Entrepreneurship, Manufacturing, Product Development, Supply chains, Product Distribution, Tariffs, Supply & Demand

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 6: Entrepreneurship, Chapter 9: Production and Operations Management, Chapter 14: Product and Price, Chapter 15: Distribution

[VIDEO] Designing Cash to Counteract Counterfeiters

April 25, 2025

NickelsMcHughMcHugh

With more than 55 billion U.S. bank notes circulating the globe, keeping the American dollar safe from counterfeiters is an ever-evolving challenge. This video explores the many safety features that countries employ to protect their cash, from frequent redesigns and watermarks to holograms and secret molecular identifiers.

Questions:

What are some design features that countries use to keep their money safe from counterfeiters?
Why hasn’t the U.S. redesigned the one dollar bill for more than 60 years? Do you think Continue reading →

Global, Ethics, Product Development, Currency, Product Distribution, Money, Fraud, Counterfeiting

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 14: Product and Price, Chapter 15: Distribution, Chapter 20: Money and Financial Institutions, Videos

23andMe Files for Bankruptcy, Raising New Privacy Concerns

April 2, 2025

NickelsMcHughMcHugh

In October, we examined the uncertain future of 23andMe, a company that helped popularize direct-to-consumer genetic testing. On Sunday, the company filed for bankruptcy and announced the resignation of its founder, Anne Wojcicki. The bankruptcy raises urgent questions about the privacy of sensitive DNA data provided by more than 15 million customers. Since the data isn’t protected by health-privacy laws, it’s unclear what that would mean for people who have used 23andMe. For example, insurance companies could buy and Continue reading →

Ethics, Product Development, Startups, Security, Product Distribution, Privacy, Health care

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 6: Entrepreneurship, Chapter 14: Product and Price, Chapter 15: Distribution, Bonus Chapter B: Technology and New Media

‘Buy Now, Pay Later” Services Potentially Endanger Young Consumers

March 27, 2025

NickelsMcHughMcHugh

In the early 2000’s, finance companies got in trouble for targeting young people with gifts like pizza and free t-shirts in order to get them to apply for credit cards with high interest rates and big fees. These fee-heavy accounts made it easy to turn a small debt into a very large debt, leaving some college students bankrupt before they could start their careers. In 2010, the U.S. made it illegal to give free gifts for credit card applications. Since Continue reading →

Marketing, Ethics, Product Development, Promotions, Product Distribution, E-commerce, Supply & Demand

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution, Chapter 16: Place and Promotion, Bonus Chapter B: Technology and New Media

Nurses Say AI Isn’t Ready to Replace Human Workers

March 25, 2025

NickelsMcHughMcHugh

Nursing has always been a challenging career, but the COVID-19 pandemic brought unprecedented levels of stress, fatigue, and burnout. More than 100,000 nurses left the workforce during the pandemic — the biggest staffing drop in 40 years. The shortage will only worsen as the U.S. population ages and experienced nurses start to retire. Government estimates show that there will be more than 190,000 new openings for nurses every year through 2032. As hospitals look for a solution to chronic understaffing, Continue reading →

Ethics, Human Resources, Labor Relations, Compensation, Hiring, Artificial Intelligence, Supply & Demand, Healthcare, AI, Nursing

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 4: Ethics and Social Responsibility, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Bonus Chapter B: Technology and New Media

Southwest Airlines Lays Off Employees for the First Time

March 12, 2025

NickelsMcHughMcHugh

Air travel is one of the most volatile industries in the global economy, and airlines routinely lay off hundreds of employees at once to balance budgets after major upheavals. One exception to this rule has long been Southwest Airlines. The Dallas-based carrier hasn’t laid off any staffers in its more than five-decade history. Even after the 9/11 terrorist attacks when revenue dried up and other airlines initiated mass layoffs, Southwest avoided forced job cuts thanks to employees who donated part Continue reading →

Returning Office Employees at Amazon Struggle to Find Room to Work

February 18, 2025

NickelsMcHughMcHugh

When the pandemic required nearly everyone to stay at home in 2020, the business world seemed to embrace remote work as a potential savior of productivity. Tech companies were especially quick to implement tools like videoconferencing and cloud computing that let employees work from anywhere. But all that’s changing as more companies start to require staffers to either spend more time in the office or else find a new job. The return-to-office trend sets up a potential culture clash with Continue reading →

Motivation, Ethics, Human Resources, Labor Relations, Amazon, Remote Work, Office Culture, Pandemic

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 7: Management & Leadership, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions

Google Corrects Its AI Super Bowl Ad Before the Game

February 10, 2025

NickelsMcHughMcHugh

This year, AI firms flocked to buy Super Bowl commercials, hoping to make a huge splash about their new products in a cost-effective way. A 30-second spot during Super Bowl LIX cost about $8 million, which may seem like a lot to pay for a short ad. Given that the massively popular game drew in more than 200 million viewers, however, a commercial’s cost-per-viewer actually amounts to less than a nickel. It’s incentives like these that motivated Google to use Continue reading →

Marketing, Ethics, Product Development, Sports, Entertainment, Advertising, Product Distribution, Super Bowl, AI

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution, Chapter 16: Place and Promotion, Bonus Chapter B: Technology and New Media

Waffle House Adds 50-Cent Surcharge for Eggs

February 7, 2025

NickelsMcHughMcHugh

The breakfast chain Waffle House is famous for serving customers a cheap and hearty breakfast at any time of day. In fact, the 24-hour eatery is so reliable and affordable that emergency officials use it as an informal gauge for judging severe weather: if the area Waffle House is closed, then the natural disaster must be extremely severe. But one thing the famously dependable chain couldn’t predict is soaring egg prices, which have driven it to add a 50-cent Continue reading →

Marketing, Ethics, Pricing, Supply chains, Product Distribution, Restaurants, Waffle House, Food & Drink

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 9: Production and Operations Management, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution

Costco Hopes Pay Deal Will Avert Strike By Teamsters Union

February 4, 2025

NickelsMcHughMcHugh

Costco, the warehouse club famous for bulk items and cheap hot dogs, is trying to avoid what would be its first-ever employee strike. The Costco Teamsters union, which represents 18,000 workers, threatened to stop working after January 31 unless the company raised wages and benefits to reflect inflation. With only a few hours left before the strike was scheduled to start at 56 stores across six states, Costco reached a tentative agreement with the union over the weekend. Now it’s Continue reading →

Motivation, Ethics, Unions, Labor Relations, Retail, Strikes, Costco

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 10: Motivation, Chapter 11: Human Resource Management, Chapter 12: Labor Management and Unions, Chapter 14: Product and Price