Chapter 14 Flashcards

(10 cards)

1
Q

The two central issues of goods and services are

A

quality and safety.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Which of the following is not a dimension of quality listed in the textbook?

  • durability
  • aesthetics
  • performance
  • status
A

status

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

The legal view of “let the buyer beware” that prevailed throughout most of history was

A

caveat emptor

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Which of the following is not on the top ten list of safety principles?

  • Educate consumers about product safety.
  • Build safety into product design.
  • Learn from your and others’ mistakes.
  • Allow a margin of error for the consumer.
A

Allow a margin of error for the consumer.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

A company that is held responsible for the damage caused by its product in proportion to its percentage of industry sales is subject to

A

market share liability.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

The fact that a company is responsible for the harm done to customers by its product even if it can show that it did its best according to the state of the art in the industry at that time is called

A

absolute liability.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

The Consumer Product Safety Commission works to reduce the risk of harm from consumer products in all of the following ways except
* Obtaining recall of products
* Passing legislation outlawing products
* Banning consumer products
* Informing and educating consumers

A

passing legislation outlawing products.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Which of the following is not part of the FDA’s mission?
* To protect the public health
* To support better informed decisions about FDA-regulated products
* To help identify and develop new foods and drugs
* To enhance oversight of FDA-regulated products

A

to help identify and develop new foods and drugs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

The initial part of the total quality management process is to

A

define quality in terms of customer expectations and requirements.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Today, the FDA regulates all of these except
* vaccines
* prescription drugs
* blood products
* medical care

A

medical care

How well did you know this?
1
Not at all
2
3
4
5
Perfectly