A Marketer's Failure to Inform Customers About Changes in the Quality

question 101

True/False

A marketer's failure to inform customers about changes in the quality of its products does not constitute an ethical issue.

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Definitions:

Probability

The estimation of the chances of an event taking place.

Sample Proportion

A statistical measure that represents the fraction of the sample that has a particular characteristic.

Probability

An assessment of event occurrence likelihood, denoted as a fraction or decimal between 0 and 1.

DVD Rental Store

A business that offers DVDs for rent, allowing customers to borrow movies for a specified period before returning them.