Respond to the following:
- 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?
- Be sure to respond to at least one of your classmates’ posts.
- class mate post below
Hi Class and Professor:
Product safety, product quality, and profits are all important aspects of any business. With these competing expectations in mind, the most important to consumers is product safety. We want to be assured that whatever product we buy will not cause us harm. The businesses’ responsibility is to protect its consumers with the notation that the product is safe to use and will operate as claimed. The consumer must be held responsible for the safe and effective use of a product. Thus, the business must make sure the product includes full disclosure, including ingredients, instructions on how to use, and other pertinent information to lessen the instances of being sued. Consumers can sue the company if the product causes harm whether or not the business was negligible. Companies want to avoid decreased profits due to legal ramifications, so they may increase prices to offset this legal expense. This allows the company to continue to produce quality products that are safe while maintaining business profits.
