Puffery refers to exaggerated claims of product superiority

Assignment Help Operation Management
Reference no: EM132139958

Puffery refers to exaggerated claims of a product's superiority or the use of subjective or vague statements that may not be literally true. A company might advertise the "best system on the market" or claim that their product is the "most effective." Exaggeration in ads is not new. Consumers seem to accept advertisers' tendencies to stretch the truth in their efforts to make their products unique and to get consumers to buy them. Using "puffery" does raise ethical concerns, however. Where is the line between claims that attract attention and those that provide implied guarantees? Do you think advertisers are deliberately making misleading statements? What are your thoughts on this? Can you give some examples of "puffery" that you have seen used

Reference no: EM132139958

Questions Cloud

Mcdonald includes their customers in production process : McDonald’s includes their customers in the production process. How do customers participate? What aspects of their production process are tradable?
Conflict management is highly coveted skill in business : Conflict management is a highly coveted skill in business today. Share why your model would be effective.
Increased government regulations of business : Argue for or against the need for increased government regulations of business. What examples can you provide to support your position?
What aspects of their production process are tradable : McDonald’s includes their customers in the production process. How do customers participate? What aspects of their production process are tradable?
Puffery refers to exaggerated claims of product superiority : Puffery refers to exaggerated claims of a product's superiority or the use of subjective or vague statements that may not be literally true.
Explain net profit and net profit margin : Explain net profit and net profit margin. When can you apply this information?. How can you measure them? Why are these indicators important?
When plotting the units to calculated average cost per unit : In the example in the book when plotting the Units to a calculated average cost per unit, you can clearly see that the more units produced lower cost per unit
What is your expected ending inventory of maple desks : Suppose your order up-to level is 500 for maple desks. With a 3-week lead time, what is your expected ending inventory of maple desks?
Contrast the expected behavior of consumers : Contrast the expected behavior of consumers during each phase of the Consumer Buying Process during both low involvement and high involvement scenarios.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd