BUS 670 Legal Environment (NAF1215B)
May 21, 2009 made up so that it can be seen things can go on here at any point and time...
Product Recalls In order for a corporation to be successful it should produce products that are effective and reliable. To create a product that is high quality and a low price is the idealistic procedure that any business should operate on. High profits for corporations do not always develop as planned. Problems find there way into the market for several reasons. There can be several reasons why problems find their way into the market. When products have a defect may hurt a consumer products get recalled. A product is supposed to be recalled when the company finds out it is dangerous to the consumer because of a defect, or has killed or injured from the defect, or does not met government set requirements (May, 2009). Companies, when these problems arise, have to decide to recall the item in question or to allow it to stay in the market. Product recalls would continue without companies being held to ethical standards, thus encouraging companies to ignore when they build unsafe items that could harm or kill innocent people possibly.
When a consumer or manufacturer finds a product with a defect that has or may cause injury to others using or consuming a product a product recall occurs. Product recalls are not limited to individual industries. In almost all industries, from food to automobiles, recalls have happened. When product recalls usually occur it ends in the manufacturer usually giving back the consumer their money or replacing the product with no additional charges (Mays, 2009). There are organizations set up that closely monitor organizations. Monitoring organizations give the consumer the protection and satisfaction from products that are harmful. There are businesses set up to to take their time testing automobiles and consumer