Tag Archives : consumer welfare

Singapore is well used to commercial ties and business dealings because it is a highly commercial metropolis. The foreign shopper is very well taken care of in the city-state. All the foreign shopper needs is some good-sized expendable shopping money because in Singapore, shopping is a sport. Goods and Services Tax (GST) In Singapore, a 7% Goods and [...]

Truth in advertising is actually a legislated issue. It is criminal to lie to consumers via erroneous messages and claims. Consumers are protected by various consumer protection laws. This is the legal and legitimate aspect of the abovementioned case. Truth in advertising is also an ethical and moral issue. Producers, manufacturers, and marketers have [...]

Both the Mattel and Tylenol product safety issues were handled with strategic crisis management. Mattel and Johnson & Johnson went through three simultaneous crucial phases of recalling products from store shelves and destroying them, stemming the technological failure that occurred, and cleaning up the company image through various communication [...]

If Frank Serpico and Karen Silkwood have been considered heroic saviors whose stories merited film versions, many other whistleblowers have done their share in making consumer welfare and public accountability more conscious efforts and movement. Thomas A. Robertson, Firestone Tire Director of Development, warned about the inferior quality of the 500 [...]

The consumer is only as good as the product he or she consumes. In the era of fair trade, the consumer is a product of THE product. A product unites the two sides of ethical business and ethical consumer, and brings out the best and worst in these. The ethical producer or ethical marketer is simply expected to highlight the ethical dimensions and attributes [...]

There is the vulnerable consumer who has been taken advantage of and the irresponsible one who should have known better. Consumer ethics may be said to still be a growing trend of business and marketing. In this area, there almost always seems to be the dichotomy between and ‘good’ and ‘bad’ business, as well as consumption. This renders it [...]