Buy custom Government as a stakeholder
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 602 |
Essay's paper body
This is because improving the safety of a good can increase the cost. E.g. an electrical firm producing lamps may find that its product contravened legislation.
Therefore the firm would have to change or improve the components or redesign the lamp itself. This would increase the firms cost.
Firms have also needed to improve their quality control procedures as a result of legislation...
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This would increase the firms cost.
Firms have also needed to improve their quality control procedures as a result of legislation. E.g. firms involved in bagging or packaging goods must ensure that the correct quantities are weighed out. Failure to do so could result in prosecution. In addition, businesses must be careful not to sell substandard or damaged products...
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