Author Question: You just recently accepted a new job at a company on the East Coast. You will be responsible for ... (Read 82 times)

LaDunn · **on:** Jun 29, 2018

You just recently accepted a new job at a company on the East Coast. You will be responsible for making sure your firm's products contain labeling that meets all federal laws and regulations. Your new company makes gourmet food items. Which of the following federal regulatory agencies should you become very familiar with in order to do your job most effectively?
A) WTO
B) FTC
C) EPA
D) SBA
E) FDA

Question 2

Price wars tend to be disadvantageous to retailers. Why, therefore, would a retailer want to lower prices and take the chance of inciting a price war?
A) To reduce long-term costs
B) To raise profit margins
C) To develop a sustainable advantage
D) To enter a new market
E) To boost market share