Describe at Least Three Supertrends That Are Occurring in Business

question 16

Essay

Describe at least three supertrends that are occurring in business that are likely to result in changes in many industries. Provide an example of each.

Understand the basic principles and theories of product liability.

Identify the elements required to establish a claim under strict product liability.

Differentiate between types of warranties and identify how they apply in product liability cases.

Recognize the role of negligence, including negligent failure to warn, in product liability.

---

Definitions:

Sexual Orientation

Refers to the enduring pattern of emotional, romantic, and/or sexual attractions that one has toward men, women, both, or neither, and is part of one's personal identity.

Population Proportion

A statistical measure that represents the fraction or percentage of individuals in a specific group within the larger population.

Achievement Motivation

A psychological feature that drives individuals to pursue and attain goals or accomplishments.

McClelland

David McClelland, a psychologist known for his work on motivation, particularly the theory of needs which includes the need for achievement, power, and affiliation.