Exam 14: Consumer Stakeholders: Product and Service Issues

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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

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The legal principle that anyone in the value chain of a product is liable for harm caused to the user if the product as sold was unreasonably dangerous is

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The focus of total quality management programs is

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The driving force behind guidelines for product liability is which of the following?

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Provide a short answer to each of these questions.Be sure to fully explain your answer. What two issues hurt Toyota when the public learned of its recalls due to runaway acceleration problems? What does this illustrate?

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A basic premise of Total Quality Management (TQM)is that the product designer is the final judge of quality.

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The Food and Drug Administration grew out of the work of one man.

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The standard of absolute liability is less demanding than that of strict liability.

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The problem of product liability is largely confined to the United States.

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In a survey of households by Walker Research,the top three factors in customers' satisfaction with products were quality,price,and service.

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Which of the following is not impacted by tort risk?

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All of the following are in the top ten principles of safety except

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The Consumer Product Safety Commission works to reduce the risk of harm from consumer products in all of the following ways except

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By definition,quality does not include service.

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The challenge that management faces is to make products as safe as possible for the lowest possible cost.

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The Tylenol case in the 1980s,in which capsules were injected with cyanide,is an example of

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Business claims that current product liability law suffers from all of the following problems except

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Provide a short answer to each of these questions.Be sure to fully explain your answer. Describe the major contributions that Six Sigma can make to the business/consumer relationship.

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The Consumer Product Safety Commission's track record is one of stable operations and results.

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Business's response to consumerism has consistently been to meet consumers' demands as quickly and effectively as possible.

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