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gogolik [260]
3 years ago
12

Product safety has become a hot topic for businesses around the world. The purpose of product safety policies and legislation is

to keep consumers safe, with the expectation that product quality is balanced against business profits. How does a company factor these competing expectations and still hold the consumer responsible for safe and effective use of the product
Business
1 answer:
Sav [38]3 years ago
6 0

Answer:

The purpose of product safety policies and legislation is to keep consumers safe, with the expectation that product quality is balanced against business profits. How does a company factor these competing expectations and still hold the consumer responsible for safe and effective use of the product? Product safety is a key component of any business.

Explanation:

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This allows for one to calculate the compounding effect over a period of time by showing the compounded annual growth rate which means that it tells what the average compounded return was per year in a particular period.

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