Titlebook: Product Recall Management; Preparation, Executi Sascha Raithel,Setareh Heidari,Jan von Schlieben-T Book 2024 The Editor(s) (if applicable)

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Sascha Raithel,Setareh Heidari,Jan von Schlieben-Troschkeought together some hundred participants from government, business and academia, with backgrounds in business administration, engineering, public administration and economics, to provide a multidisciplinary analysis of what has come to be known as the "Knowledge-Based Economy" (KBE). The aim was to

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Sascha Raithel,Setareh Heidari,Jan von Schlieben-TroschkeIT infrastructure is not developed sufficiently to support all aspects of electronic commerce as in developed countries such as the USA. Nevertheless, there are many new organisations that are trying to do business in cyberspace in South Korea. Firstly, this chapter introduces the IT environment of

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Performance Implications of Product Recalls,ations are outlined, highlighting the potential negative impact on firm value, sales, and market shares, and offering insights into investor responses. Overall, this chapter provides a comprehensive understanding of the multifaceted impact of product recalls on a company’s performance and offers strategies to mitigate these effects.

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Industry Differences,rate the significant impact recalls can have and highlight the importance of tailored management approaches for different sectors. Overall, this chapter provides an in-depth understanding of how product recall management varies by industry, offering valuable insights into effective strategies and practices to mitigate recall-related challenges.

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The Imperative of Product Recall Management,found impact on business performance and customer welfare. Product recalls are common across all sectors, as illustrated by a 52% increase in annual recalls from 2013 to 2023 in the automotive, food, and consumer products sectors in the USA, the EU?+?UK, and China. The chapter attributes the rise in

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Characteristics of Product Recalls,ities, recall management process, motivations behind recall decisions, voluntary and mandated recalls, and recalls due to negligence and deliberate misconduct. It differentiates various types of product removals and related terms, such as stock recovery, product withdrawal, latent product-harm crisi

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