Please answer Investigate a piece of news involving fake products or dishonest behaviour of firms that you find in the m
Posted: Mon Apr 18, 2022 9:12 am
Please answer
Investigate a piece of news involving fake products or dishonest
behaviour of firms that you find in the media report. Answer the
following questions:
Describe the strategy of the firms providing the fake
product.
What are factors that affect the incentive of the firms to
provide fake products? You can categorize these factors from the
revenue side and cost side, respectively.
What will be the consequence of the news on other competitors?
If you were engaging in the same sector as the firm, what kind of
strategy will you adopt to enhance consumers' trust in you and
why?
Investigate a piece of news involving fake products or dishonest
behaviour of firms that you find in the media report. Answer the
following questions:
Describe the strategy of the firms providing the fake
product.
What are factors that affect the incentive of the firms to
provide fake products? You can categorize these factors from the
revenue side and cost side, respectively.
What will be the consequence of the news on other competitors?
If you were engaging in the same sector as the firm, what kind of
strategy will you adopt to enhance consumers' trust in you and
why?