Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question
What are the functions of CPSC?
Expert Solution

Step 1
Products are produced and sold keeping in mind the needs of the customers to satisfy their needs. A satisfied customer turns out to be a loyal customer and thus, customers are offered products that provide value to them.
Consumer Product Safety Commission is one of the government agencies in the U.S that protects American consumers from products that may have harmful effects or are hazardous to the public.
Consumers may not be aware of the harmful effects of some products that they purchase so this commission helps them to identify them.
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