Food Recalls
A product recall is a request to return to the maker a batch or an entire production run of a product, usually due to the discovery of safety issues. The recall is an effort to limit liability for corporate negligence (which can cause costly legal penalties) and to improve or avoid damage to publicity. Recalls are costly to a company because they often entail replacing the recalled product or paying for damage caused by use, although possibly less costly than consequential costs caused by damage to brand name and reduced trust in the manufacturer.
A country's consumer protection laws will have specific requirements in regard to product recalls. Such regulations may include how much of the cost the maker will have to bear, situations in which a recall is compulsory (usually because the risk is big enough), or penalties for failure to recall. The firm may also initiate a recall voluntarily, perhaps subject to the same regulations as if the recall were compulsory.
Read more about Food Recalls: General Steps To A Product Recall
Famous quotes containing the words food and/or recalls:
“Hume, and other skeptical innovators, are vain men, and will gratify themselves at any expense. Truth will not afford sufficient food to their vanity; so they have betaken themselves to errour. Truth, Sir, is a cow that will yield such people no more milk, and so they are gone to milk the bull.”
—James Boswell (1740–1795)
“Fear of error which everything recalls to me at every moment of the flight of my ideas, this mania for control, makes men prefer reason’s imagination to the imagination of the senses. And yet it is always the imagination alone which is at work.”
—Louis Aragon (1897–1982)