Americans are paying more for worse stuff, study finds

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management.

Description: Measured by consumer prices, U.S. inflation is the highest in 40 years. Look at what Americans are actually getting for their money and the rate may be even higher, according to researchers at the University of Michigan.

Source: BNNBloomberg.ca – video report

Date: Feb 17, 2022

Link: https://www.bnnbloomberg.ca/americans-are-paying-more-for-worse-stuff-study-finds-1.1724841

Questions for discussion:

  • What does the research say is the state of consumer satisfaction and the reasons given?
  • What can businesses do about those reasons?

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