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Xelga [282]
3 years ago
13

A toy manufacturer has just learned that the small, button nose on the stuffed teddy bear it produces might detach and become a

choking hazard young children. If this company is using a defensive strategy, it might:___________.
a) recall the stuffed bears, offer a refund to all customers, and redesign the bear to have a felt nose.
b) issue a statement apologizing for the choking hazard and recall the stuffed bears.
c) daim that if parents put the bear in the washing machine, the button stitching will come loose, causing it to detach. As a result, parents should not put the bear in the washing machine.
d) create a set of industry-wide guidelines to help prevent choking hazards on toys for children. It pay to be socially responsible
Business
1 answer:
ale4655 [162]3 years ago
5 0

Answer:

The correct answer option is B

Explanation:

The company would issue a statement apologizing for the choking hazard and recall the stuffed bears.

A defense strategy is one in which the toy manufacturing company accepts responsibility for a problem, even though they would do the least required to meet societal expectations.

The toy manufacturer might issue a statement apologizing for the choking hazard and recall the stuffed bears. In this case the company has accepted responsibility and done the least required to meet societal expectations.

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3 years ago
An agreement to exchange dollar bank deposits for euro bank deposits in one month is a:_________
koban [17]

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<h3>What is a forward contract?</h3>

A tailored agreement between two parties to purchase or sell an item at a predetermined price at a later date is known as a forward contract. Although its non-standardized nature makes it particularly suitable for hedging, a forward contract can be utilized for speculating or hedging.

A forward contract can be tailored to a commodity, amount, and delivery date, unlike typical futures contracts. Grain, precious metals, natural gas, oil, and even chicken are examples of traded commodities. Settlement of a forward contract may take place in cash or by delivery.

Forward contracts are categorized as over-the-counter (OTC) instruments because they are not traded on a centralized exchange. While the OTC nature of these products makes it simpler to adjust terms, the absence of a centralized clearinghouse also increases the chance of default.

Thus, it is a forward transaction that is used to exchange dollar bank deposits for euro bank deposits in one month.

For more information on <u>Forward Transaction</u>, refer to the given link:

brainly.com/question/28238316

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A firm that has the ability to control to some degree the price of the product it sells
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