Which Action Would Counteract the Tendency for Poor-Quality Products to Drive

question 91

Multiple Choice

Which action would counteract the tendency for poor-quality products to drive out high-quality products in a market?

• A) The increased use of the market to sell products.
• B) The availability of transferable warranties for products.
• C) Less information from the government.
• D) Less information from sellers.
• E) Less information from buyers.

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Definitions:

Lawsuit

A legal action taken by one party against another in a court of law, typically over disputes involving contracts, torts, or claimed violations of rights.

Accountability

Responsibility for one’s own actions and acceptance of the consequences of one’s own behaviour.

Charismatic Leadership

A leadership style that inspires enthusiasm, commitment, and confidence in followers through the personal magnetism and persuasive ability of the leader.

Transactional Leadership

A leadership style focused on supervision, organization, and performance; it revolves around exchanges between leaders and followers, often involving rewards for achievements.