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Tcecarenko [31]
3 years ago
14

Methods used to protect consumers

Business
2 answers:
ad-work [718]3 years ago
8 0

Answer:The Consumer Product Safety Commission is responsible for consumer product safety. The Federal Trade Commission (FTC) protects consumers against false advertising and fraud. The Food and Drug Administration is responsible for the safeguarding of public health by monitoring drugs, medical devices, and cosmetics

Gala2k [10]3 years ago
3 0

Answer:

Governments of different countries protect the interests of the consumers through the mechanism created by three types of legal provision. These are direct consumer protection laws, anti trust laws or the laws to curb monopolistic practices, and laws to govern management of corporations including trading exchanges.

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Wolfgang Electricals estimates that the company takes 31 days on average to pay off its suppliers. It also knows that it has day
Makovka662 [10]

Answer:

57 days

Explanation:

The computation of the cash conversion cycle is shown below:

The cash conversion cycle = Days inventory outstanding + days sale outstanding - days payable outstanding

= 54 days + 34 days - 31 days

= 57 days

Hence, the cash conversion cycle is 57 days

We simply added the  days' sales in inventory and  days sales' outstanding and deduct the days payable outstanding so that the cash conversion cycle could come

8 0
4 years ago
If consumers view cappuccinos and lattés as substitutes, what would happen to the equilibrium price and quantity of lattés if th
Mice21 [21]

Answer:

Equilibrium price and quantity would fall

Explanation:

Substituite goods are goods that can be consumed in place of each other. If the price of a good increases, consumers can easily subsituite to the other good.

If cappuccinos and lattés are subsituites, if the price of cappuccinos falls, the demand for cappuccinos would increase and the demand for lattes would fall because lattes are now relatively more expensive than cappuccinos.

The fall in demand leads to a fall in quantity demanded and price.

I hope my answer helps you.

8 0
3 years ago
Describe at least one global trend that you think offers a business opportunity in the global marketplace?
Amiraneli [1.4K]
Well something that is a global trend here is the advancements in technology. This is because it allows business to be done quicker and more efficiently by optimizing time and energy.
8 0
3 years ago
Read 2 more answers
Oh so you like brainly? Name every rank
neonofarm [45]

Explanation:

Beginner, Apprentice, Rising Star, Helping Hand, Ambitious, Virtuoso, Expert, Ace, Genius,etc

5 0
3 years ago
Read 2 more answers
Strategy decisions pertaining to product features, packaging, product line assortment, and branding will be most affected by whi
Paladinen [302]

Answer:

Letter C is correct. <u>Behavioral needs and attitudes of consumers. </u>

Explanation:

Strategic decisions regarding product characteristics will be more affected by the behavioral needs and attitudes of the target market.

A product or service exists to satisfy the needs and desires of the consumer and for which he is willing to pay for the added benefits. Therefore, when implementing a product-oriented strategy, it is necessary for the organization to conduct research on consumer trends and the market in which it is inserted, so that the characteristics of the product are developed focusing on the functional and emotional benefits that the consumer want.

When a company plans to develop a product for a specific market, it is necessary for the company to understand five levels:

1. Central benefit:   Corresponds to the main utility of the product, related to the consumer's primary need.

2. Additional benefits : These are the other functions of the product, in addition to the central function.

3. Expected product:   These are the basic conditions expected of the product, such as quality and proper functioning.

4. Extended product:  Applied to the brand positioning, it corresponds to the level whose product exceeds the customer's expectations.

5. Consumer system:  It is the way the user will use the product, obtain, use, adapt and dispose of the product.

6 0
4 years ago
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