MCS 1000 Chapter Notes - Chapter 3: Planned Obsolescence, Consumer Reports, Consumers Union
Document Summary
Greedy middle men, who add nothing to the value yet mark up the prices. Consumers protected by consumer protection act (revised july 2005) Final cost of home renovation cant be 10% more than the estimate. Consumers don"t have to pay for products delivered 30 days after delivery date. Markets sometimes lead consumers to think they are getting more value than they actually are. The federal agency responsible for the administration and enforcement of the competition act, and other acts that affect marketing. The federal laws governing most business conduct in canada. Advertising a price as being reduced from a regular price when in fact the product was never offered for sale at that price. A law governing the packaging, labeling, sale, importation, and advertising of products in canada. Phony email messages that link you to webpage"s that fish for private information. The notion that marketers plan for their products to become obsolete.