What is the CPSC? How does it affect marketing?
What will be an ideal response?
The Consumer Product Safety Commission (CPSC) is a federal regulatory agency that directly affects the marketing environment. The sole purpose of the CPSC is to protect the health and safety of consumers in and around their homes. The commission has the power to prescribe mandatory safety standards for almost all products consumers use. The CPSC has the power to ban dangerous products from the marketplace and levy heavy fines on offending firms. Marketers should be aware of the health and safety needs of consumers when making and distributing products.
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Answer the following statements true (T) or false (F)
1. The specific purpose of your speech should be a 2–3-sentence statement. 2. If your specific purpose and thesis are clearly formulated, it will be easy for you to identify your speech’s main points. 3. One factor that influences your credibility is the quality and relevance of your supporting materials. 4. You should indicate in your outline where you plan to use visual aids.
When bonds payable are converted into stock, the carrying value of the bonds should be
a. credited to Retained Earnings. b. credited to contributed capital accounts. c. debited to Retained Earnings. d. debited to Loss on Conversion of Bonds.
An employer can refuse to hire on the basis of an applicant's prior arrest and conviction record, if:
A. a lower court granted probation to the applicant at some point. B. the employer can show that such a policy is job related. C. a judicial appeal upheld a prior decision. D. the company prides itself on a perfect record by all employees.
A promissory note is an instrument that involves three parties in three capacities
a. True b. False Indicate whether the statement is true or false