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Dell Inc. learned that the lithium-ion batteries in its notebook computers posed a fire hazard to consumers. The company recalled 2.7 million batteries and gave consumers a replacement before any personal injuries resulted. Dell was most likely concerned with which Consumer Bill of Rights principle?
Sequential Entry
A market entry strategy where firms enter the market one after another, often in a deliberate order or sequence.
Marketing Rights
The permissions or licenses which a business or individual owns to market or sell a specific product, service, or intellectual property within a given territory.
Dominant Strategy
A dominant strategy is the best course of action for a player no matter what the other players do, in game theory and economic strategy.
Nash Equilibria
A concept in game theory where no player can benefit by changing strategies if others keep their strategies unchanged.
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