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Siemens' fine was the biggest of the companies involved because it was a ringleader, the Commission said. About 30 business premises and private homes were searched as part of the investigation. The cartel swapped information on offers from customers and operated a quota system for the division of work.
Wells Fargo's sales culture and cross-selling strategy, and their impact on customers, were documented by the Wall Street Journal as early as 2011. [5] In 2013, a Los Angeles Times investigation revealed intense pressure on bank managers and individual bankers to produce sales against extremely aggressive and even mathematically impossible [7] quotas. [8]
Market research is a way that producers and the marketplace study the consumer and gather information about the consumers' needs. There are two major types of market research: primary research, which is sub-divided into quantitative and qualitative research, and secondary research. Factors that can be investigated through market research include:
Precedent-setting legal battles played out across the country in 2022 laying out new rules and expectations for businesses, ... Here are 2022's top legal cases in business. December 28, 2022 at 1: ...
The business world has a lot at stake this year in cases before the Supreme Court that could limit the power of social media, federal agencies and US bankruptcy courts
The Liebeck case trial took place from August 8 to 17, 1994, before New Mexico District Court Judge Robert H. Scott. [20] During the case, Liebeck's attorneys discovered that McDonald's required franchisees to hold coffee at 180–190 °F (82–88 °C). Liebeck's attorneys argued that coffee should never be served hotter than 140 °F (60 °C ...
However, in many cases, the messaging tends to be business to consumer. A study performed in Colombia [20] with 686 surveys analyzed factors C2C users perceive as influences in the intention to use and the acceptance of a marketplace: trust, high web quality, low prices and social influence are key drivers that engage consumers to this ...
[54]: 74 According to the preliminary results of the Consumer Financial Protection Bureau's arbitration study, which examined consumer financial services cases from 2010 through 2012 filed with the American Arbitration Association, in the 522 debt collection cases studied, consumers were represented in 220 cases (42.1%) and businesses were ...