Many Environmentally Friendly Products Have Been Costly to Produce, and Consumers

question 179

Multiple Choice

Many environmentally friendly products have been costly to produce, and consumers have not been willing to pay a premium for them. As a result, companies often question if they can be both _________and competitive.

• A)technologically advanced
• B)fiscally responsible
• C)compliant with demand
• D)socially responsible

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Definitions:

Goods

Tangible products that are manufactured, produced, and offered for sale.

Quality

The measure of how a product or service either meets or surpasses the anticipations of customers.

Geographical Adjustments

Modifications or changes made to strategies or operations based on geographic locations or conditions.

FOB Origin Pricing

A pricing term indicating that the buyer takes responsibility for the goods and shipping costs from the seller's location, bearing all risks.