Florida A&M University School of Business and Industry The Ethical and Legal Issues of Product Liability Courtney Jordan April 18‚ 2015 BUL 5323: Legal Issues and Environment Introduction Product liability refers to a manufacturer or seller being held liable for placing a defective product into the hands of a consumer. Responsibility for a product defect that causes injury lies with all sellers of the product who are in the distribution chain. This includes the manufacturer of component parts (at
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About The Product * The brand was first introduced in the United States in 1991 for a breakfast cereal bars consisting of fruit filling covered in a crust without added sugar. * There were four varieties initially (rye‚ corn‚ barley and wheat); later these were reduced to corn and wheat * There are various Nutri-Grain Bars made from the breakfast cereal bonded together‚ available in the markets where the cereal is available. The bars became popular in the 1990s as an "on-the-go" food
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Parents are getting mobile phones for their children because they want to communicate in case of an emergency‚ or to know where they are. For a lot of people‚ cell phone is already part of their lives. Customers are very familiar with the cell phone products and they are deciding which models to buy‚ but not whether they should buy. Customers are comparing features of different phones before they make the purchase. Increase in sales volume According to a market report by Gartner‚ Inc. (http://www
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Presented below ten strategies that the marketers can consider: 1. New strategies for new times The changed economic conditions are affecting consumer behavior and attitudes. Can the marketing strategies based on the understanding of the consumers in the prosperous times still hold water now? Consumers are changing their behavior in several different ways and various underlying attitudes and values govern these changes. It is critical for us to re-look at the consumer and refresh our understanding
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The Detail Information of Permanent Life Insurance versus Term Life Insurance People need to insure their selves from any probability. There are many benefits of insurance and people start to understand about its benefits. One of its benefit is you can have some cash values in the future. The benefit is not only for you‚ but also for your beneficiary and your family. However‚ you need to be careful to choose the great and suitable insurance for you and make sure the payment of it will not make you
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Andrew McClarren Before determining the advantages and disadvantages to the use of biofuels‚ it is first necessary to establish what biofuels are. With the increasing costs of barrels of oil and the negative effects imposed on the environment by these fuels‚ biofuels were created. By dissecting the word‚ its meaning can be discovered. With the prefix “bio-“ meaning life‚ biofuel means just that‚ fuels derived from living subjects. With consumer demand reaching all-time high levels‚ the creation
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establishes that products follow a life cycle that starts when they are launched‚ from there they will grow and will‚ one day‚ die. However‚ the most important advantage of this model is that it divides the life of a product in several stages with different characteristics‚ mostly based on the sales level and growth: introduction‚ growth‚ maturity and decline. This division allows managers to have some insights on which strategies can be taken‚ according to the behavior of the sales of a product. Also it
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Rural-Urban Differentials in the Attitude of Global Systems of GSM Ndagi‚ Oduwole & Sanusi Rural-Urban Differentials in the Attitude of Global Systems of Mobile Communication (GSM) Consumers to Merits and Demerits of GSM Technology in Ogun State‚ Nigeria I. Ndagi O. O. Oduwole R. A. Sanusi Cocoa Research Institute of Nigeria AFRICA ABSTRACT The advent of the Global System of Mobile Communication (GSM) in Nigeria has become the order of most day-to-day activities; however‚ consumers of GSM services
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fashion and the product life cycle All products possess ‘life cycles.’ A product ’s life cycle‚ abbreviated PLC‚ consists of a series of stages‚ beginning with its introduction to the market and ending with its decline and eventual withdrawal from the market. As a product progresses through its life cycle‚ its sales and profitability change as it faces changing environmental pressures. Knowledge of the product’s life cycle can provide valuable insights into ways the product can be managed to
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Advantages of vegetarianism One advantage that cannot be disputed is that vegetarian’s conscience can be at peace in the sense that he does not cause the death of animals grown for meat and fat such as rabbits‚ poultry or pigs. This idea alone persuades many people‚ especially women to start embracing vegetarianism as their way of life. Another undisputable advantage of vegetarianism is that long-term vegetarians are rarely overweight thus people can make losing weight easier by becoming vegetarians
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