2 sources per subject.
Product safety has become a hot topic for business around the world. The point for product safety is to keep the consumers safe. There is also an expectation of product quality and essentially profits to be made for the business. How does the company factor all these competing responsibilities and still hold the consumer responsible for their proper product use for safety effectiveness?
Per our textbook, there are four key features of capitalism which include the existence of companies, the goal of making a profit, a competitive market, and private property ownership.
How do these four features of capitalism relate to you as an individual residing in the “land of free enterprise.?”
Do you feel that capitalism is fair across the board for small business owners as well as large corporate giants? Explain your thoughts.
Insider trading is explained in Chapter 10 (pages 368 to 373) as buying or selling stocks of businesses with having information from an “inside” person that is not known to the public.
The buyer or seller may have information that would dramatically impact the price of stocks.
Using the idea/theory of insider trading, what other benefits can be gained from using private information before others have access to that same information?
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