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Hi Class and Professor:
Product safety, product quality, and profits are all important aspects of any business. With these competing expectations in mind, the most important to consumers is product safety. We want to be assured that whatever product we buy will not cause us harm. The businesses’ responsibility is to protect its consumers with the notation that the product is safe to use and will operate as claimed. The consumer must be held responsible for the safe and effective use of a product. Thus, the business must make sure the product includes full disclosure, including ingredients, instructions on how to use, and other pertinent information to lessen the instances of being sued. Consumers can sue the company if the product causes harm whether or not the business was negligible. Companies want to avoid decreased profits due to legal ramifications, so they may increase prices to offset this legal expense. This allows the company to continue to produce quality products that are safe while maintaining business profits.
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