Bus 309 week 4
Bus 309 week 4
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This 4 page Study Guide was uploaded by Topseller Notetaker on Thursday November 5, 2015. The Study Guide belongs to a course at a university taught by a professor in Fall. Since its upload, it has received 54 views.
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Date Created: 11/05/15
Running head CONSUMER OR INDUSTRY consumer or industry Student Name Institution affiliated Professor s Name Date CONSUMER OR INDUSTRY 2 Consumer or industry Jiang brewery limited is a company that deals with the manufacturing of alcohol brands of different types The company has been operational since 1933 and it has improved a lot having a great market share Jiang brewery limited produces beers spirits and wines Beer is sold in widget cans bottles and keg having different alcohol percentages 40 ABV lite lager 50 ABV premium lager and 42 ABV pale lager Their spirit has 40 ABV and wine 13 Nader 1973 In a free trade business is carried out without having to pay taxes and there are no other barriers to trade In this trade industries are not viewed equally this is ethical because different industries have different ways of operating and different capabilities hence they are not equal A customer is a person or a party that receives or consumes services or goods customers have an ability to select between different products and suppliers Capitalism is an economic structure in which industry trade and the methods of production are entirely private owned and aimed at profit making Its central characteristics are competition wage labour and capital accumulation Jiang brewery limited should treat their customers well for it to be competitive in this type of structure United States 2007 Customers are very significant in determining the prosperity of a company as long as the company is not a monopoly or does not produce goods or services which are necessities Customers satisfaction enables companies to be competitive and for customers to be satisfied a company should do the following things give proper and updated information to customers this will keep them informed about the company and the products they are consuming they should also be warned of the side effects of the products so that they make CONSUMER OR INDUSTRY 3 their own choice when buying the product instead of buying a product and having side effects afterwards without knowing It will also enable them have information about the products and be able to select the brand they are interested in Customers should be given products which are of high quality this makes them appreciate the product and feel that their money is not lost but the product is worth the money J iang brewery limited should protect their customers because without them the company will not have a reason to be operating and it is the aim of the company to satisfy the customers they have an ethical obligation to protect them because the customers consume the products they produce and they buy the products which makes them profitable United States 1989 In conclusion it is important that companies treat the customers well so that they be satisfied because when customers are satisfied they tend to buy more of the products and remain being customers of the company they can also make other customers to be interested in the products This makes the company becomes competitive hence more profitable CONSUMER OR INDUSTRY 4 References Nader R 1973 The consumer and corporate accountability New York Harcourt Brace J ovanovich United States 1989 Promoting source reduction and recyclability in the marketplace A study of consumer and industry response to promotion of source reduced recycled and recyclable products and packaging Washington DC US Environmental Protection Agency Policy Planning and Evaluation Solid Waste and Emergency Response United States 2007 Improving federal consumer protection in financial services Consumer and industry perspectives hearing before the Committee on Financial Services US House of Representatives One Hundred Tenth Congress rst session July 25 2007 Washington US GPO
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