Question

Describe three public policy issues or regulations that marketers should carefully consider as they make decisions about adding or dropping products. 250 word minimum. Use your own words, no plagiarism.

Answer 1

Answer :- public policy is the means by which a government O maintains onder an addresses the needs of its citizens through actions defined by its constitution. if this definition sounds vague or confusing, it's likely because a public policy is generally not a tangible thing but rather is a term used to describe a collection of lows , mandates , 81 regulatione established through a political process. Three public policy the issues al regulating that marketers should carefully consider as they make decisions about adding a dropping Products: ① Patent issue : while adding any new portfolio , it should not be beach product to the of any casting Patent. a competition :- Abbing peoducts by acquisition or daopping

Product in no by colluding with competition resulting competition has also legal implications for the company. ® Product Wooanty :- Before dowopping product, consumers other already related using the parties product, suppliers and should be considered. 6 product Safety: Beffe adding any product, safety of product is paramount and any breach has struct legal implications. public policy issues are complex and are always Present. Every public policy issue don't have an answer. only solution which will be always fruitful is "prevention is Better Than cure".