A Big-Box Store Advertises a Toaster for the Low Price

question 162

Multiple Choice

A big-box store advertises a toaster for the low price of $10 (with no intention of selling it) .When customers arrive,they are told that the item is not what they need,and that the more expensive toaster,at $45,is much better.How would a sociologist classify this crime?

• A) as a white-collar crime
• B) as an occupational crime
• C) as a corporate crime
• D) as a property crime

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Definitions:

Short-term Financial

Refers to the aspect of finance that deals with assets and liabilities which are expected to be turned into cash or paid within a year.

Long-term Goal

An objective or aim that is planned to be achieved over an extended period, typically over a year, focusing on significant achievements for the future.

Integrated Performance

The comprehensive assessment of all aspects of performance, including financial, operational, and strategic dimensions, in an organization.

Balanced Scorecard

A strategic planning and management system that is used by organizations to communicate what they are trying to accomplish, align the day-to-day work that everyone is doing with strategy, prioritize projects, products, and services, and measure and monitor progress towards strategic targets.