Which of the Following Statements Is False

question 73

Multiple Choice

Which of the following statements is false?

• A) Self-promotion is not a substitute for quality products.
• B) Inferior products harm a firm's profitability and a nation's balance of payments.
• C) Product liability transfers from the manufacturer to the retailer once the retailer accepts delivery of the product.
• D) Quality-be it good or bad-will show up in perceptions about a firm's new products, employment practices, and supplier relations.
• E) Legislation, such as the Consumer Product Safety Act, sets and enforces product standards by banning products that do not meet those standards.

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Definitions:

Immediate Labor Conditions

The current work environment and circumstances affecting employees, including wages, hours, safety, and workplace policies.

Globalization

The method of engagement and amalgamation among individuals, corporations, and nations across the globe, usually propelled by global commerce and investment and facilitated by information technology.

Labor Relations Policies

Guidelines and practices designed to manage relationships between employers and employees, focusing on issues such as wages, working conditions, and dispute resolution.

Japanese Labor Law

The legal framework governing employment relations in Japan, including regulations on working conditions, wages, and labor relations.