nhlanhlamathika nhlanhlamathika

03-06-2024
Business

Answered

1.3
and provide
Read the scenario below and answer the questions that follow
GAIL MANUFACTURERS (GM)
Gail is an unemployed youth trying to support her family. She fraudulently
manufactured and distributed products that are less than the
value of the
original product. She has many customers who support her illegal business.
1.3.1 Identify the socio-economic issue that is practiced by GM. Motivate your
answer by quoting from the scenario above.

Answer :

GinnyAnswer GinnyAnswer

03-06-2024

Final answer:

The socio-economic issue practiced by GM is fraudulent manufacturing and distribution of products below the original product value, leading to unfair competition.

Explanation:

The socio-economic issue practiced by Gail Manufacturers (GM) is fraudulent manufacturing and distribution of products below the original product value. This behavior leads to unfair competition in the market and deceptive practices towards customers.

Learn more about Economic Practices here:

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