JOURNAL OF APPLIED BUSINESS AND ECONOMICS
Regulation of Supplements and the Consumer Decision Making Process
Author(s): Robert E. Wright
Citation: Robert E. Wright, (2018) "Regulation of Supplements and the Consumer Decision Making Process"," Journal of Applied Business and Economics, Vol. 20, Iss.5, pp. 120-124
Article Type: Research paper
Publisher: North American Business Press
Abstract:
Consumers make a variety of purchase decisions. They may rely on information from marketers to make those decisions. When the legal environment is such that marketers are able to make broad claims about product efficacy without being subject to a high level of government scrutiny, the quality of the consumer decision making process may suffer. This paper explores how regulation of supplements impacts the consumer purchase decision making process.