Explain characteristics of companies and consumers


1. List and describe the consumer rights that have become social expectations of business. Why have some of these rights been formalized through legislation? Should these rights be considered ethical standards?

2. What is the purpose of a boycott? Describe the characteristics of companies and consumers that are likely to be involved in a boycott situation. What circum­stances would cause you to consider participating in a boycott?

3. Define community as a business stakeholder. Is it better to define community in a narrow or broad fashion? Explain.

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