This note explains the precautionary principle and its crucial tenets, highlights obstacles connected with its usage, and consists of lots of examples of its application, mostly within the world of managing activities based upon the danger of damage to human health and the environment. Appendices offer comprehensive examples of how the precautionary principle has actually been used to policies in 3 vital markets: farming, chemicals, and pharmaceuticals.
This case elucidates diverse types of precautionary principle, its extensive adoption in global arrangements, its difference from cost-benefit analysis, its shift of the problem of showing that activities are safe from regulatory authorities to market, and the value of thinking about Type I and Type II mistakes and status quo prejudice when considering whether to stimulate the precautionary principle.
The Precautionary Principle Case Study Solution
PUBLICATION DATE: June 28, 2010 PRODUCT #: 610043-PDF-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
Related Case Solutions & Analyses:
Microsoft: Multimedia Publications (A)
Marcia Radosevich and Health Payment Review–1989 (A)
Health Stop Retail Medical Centers (A): Strategy
Cash Budgeting Cash Mangement
Mayers Tap Inc. (C)
Shaping the Future of Solar Power: Climate Change, Industrial Policy and Free Trade
Water Policy Priorities Along the U.S.-Mexico Border
Paragon Legal, A New Model (A)
Willow Creek Community Church, What Really Makes a Difference
StudyBlue (A)
