Which of the Following Legislative Actions Created a Government Entity

question 84

Multiple Choice

Which of the following legislative actions created a government entity to monitor business practices and stop unfair ones like misleading promotions?

• A)Robinson-Patman Act
• B)Consumer Product Safety Act
• C)Lanham Act
• D)Federal Trade Commission Act
• E)Fair Packaging and Labeling Act

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Definitions:

Grid Technique

A decision-making tool used to evaluate and prioritize options by placing them on a grid of two or more criteria.

Highest Cost Facility Location

The highest cost facility location typically refers to the site among options for a new facility that involves the greatest expense due to factors like labor, materials, taxes, and shipping.

Channel of Distribution

The path or route that goods and services take from the producer to the end user, encompassing intermediaries such as wholesalers and retailers.

Marketing Department

A division within a company that focuses on marketing strategies, research, and the promotion of products or services to target consumers.