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Would favor requiring that the market cost of any product or service include all estimated present and future environmental costs?
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- what are potential consumer responses to service pricing or policies that are perceived as unfair?Exclusion of environmental costs of resources used and environmental damage incurred, from the market prices of goods and services is one of the four basic causes of Environmental problems. Explain this statement with specific examples taken from two different business activities?Review the conflict of interest scenarios (parts 1 and 2). Identify the issue and indicate the regulation or best practice principle involved. How should the organization/provider respond to the issue? What should the organization/provider do to prevent future issues or mitigate any future harm/damage to the patient or the organization? The first scenario involves doctors who are financially motivated to prescribe certain medications or treatments, even if they may not be the best option for the patient. These doctors may receive kickbacks or incentives from pharmaceutical companies, leading to a conflict of interest that can compromise the quality of care. the second scenario involves doctors prioritizing their patients' well-being. These doctors strive to provide evidence-based recommendations and treatments that are in the best interest of their patients' health. They prioritize unbiased information and consider the individual needs and circumstances of each patient
- Do you think the requirements for antitrust injury and standing have beneficial or negative effects on consumer welfare? That is, do they limit meritorious antitrust claims? State your reasons.What ethical considerations should businesses take into account when making decisions about product pricing and affordability?Asap What are the legal requirements for protecting consumer rights, and what remedies are available for consumers in case of defective products or unfair business practices?
- Think of a new or revised product or service that you would like to see on the market. Discuss the implications of producing that product or service relative to legal, ethical, environmental, profitability, competitive, design, and production issuesHow do the consumers dispose off the purchased goods or services?Ethics despite best efforts to ensure product safety,products that pose a danger to consumers sometimesreach the marketplace. At what point should marketers release information about a product’s safety to the public? how should marketers be held accountable if their product harms a consumer?
- What should the firm do if customers want to purchase a product that is not only bad for them (tobacco, alcohol, or fast food) but is also bad for the society (higher health-care costs)? What will be the impact on the stakeholders?what is the benefit of consumer protection?Analyze the impact of perceived risk on consumer decision-making.