sale of goodsWe have all been in shops and seen the images like the one on the right. The business tells the customer that they can't return an item if they change their mind, however this doesn't affect your legal rights. But what are your legal rights as a consumer and can the shop really stop you returning an item if you change your mind?

Let's start with the first issue. Can the shop stop you returning the item if you are to change your mind? Yes is the answer, if the item has been bought in person. If not and you have made the purchase over the internet or telephone then The Distance Selling Regulations come into effect and offer the customer "a cooling off period".

The Distance Selling Regulations actually state;

"The Distance Selling Regulations state that your right to cancel an order starts the moment you place your order and doesn't end until seven working days from the day after you receive your goods."

There are some goods you can't return if you simply change your mind, including:

  • CDs, DVDs or software if you've broken the seal on the wrapping
  • perishable and other items that deteriorate rapidly such as food and flowers
  • tailor-made or personalised goods
  • underwear and earrings

Now when you buy any item from a business, your purchases are covered by what is known as "The Sale of Goods Act". This piece of legislation is typically confused by customers who don't understand what they are entitled to from the law?

Lets take a look at what the Sale of Goods Act actually states;

Customers do have a legal right to a refund, repair or replacement if an item they purchased;

  • Items are not as described
  • Items are not of satisfactory quality
  • Items are not fit for purpose

If you believe as a customer you have an item that falls into these categories, then it is probably most likely you could return the item under the Sale of Goods Act. Don't be affraid of returining items using the consumer law that exists to protect you as a customer. If a business fails to respond to your request and you believe you have a strong case, then you may want to consider pursuing your action in the small claims courts.

The law actually covers your purchases for up to 6 years! This doesn't mean every item has to last for 6 years and doesn't include wear and tear, however it does protect you if the item you purchase fails after 4 years and realistically this purchase should last much longer than this time frame. A good example of this would be washing machine, which many experts suggest should last around 10 years.

Clearly for a business the law creates increased costs and great pressure on ensuring that the quality of the product will not cause problems for the organisation in the longer term. If a business was to get this wrong then the cost of the bad PR could damage the brand image, reputation and loyalty of the organisation. This is why many organisations aim to ensure they offer high quality customer service. 

coopIn this short video learn about how the Co-Op members have voted to restructure the organisation to give it a chance at becoming more competitive in the longer term.

However the Co-Op group will need to retrench and remove layers from its structure, something that could have a real impact on the corporate culture of the organisation. You may want to watch this short video and think about the impacts that this could have on the overall culture of the business and how this could impact on their USP and brand identity. 

{youtube}q5o6HfosfG4|300|250|{/youtube}

ethicsA video clip that takes a look at this topic of business ethics or corporate commercial decisions?

Are companies making environmental decisions based on their morals and ethics within the corporate culture or is the green agenda being driven purly from a marketing and profit aspect of organisations? View this view and then think about and discuss the question posed above.

{youtube}8ouKiOz2vWE|300|250|{/youtube}

Dixons Carphone Warehouse MergerA short video clip that takes a look at this unique merger proposal between Dixons and Carphone Warehouse.

This merger is seen as different as it is claimed that whilst delivering purchasing economies of scale, it will actually open up more stores and create new jobs and employment. This is different to the usual synergy savings that we typically see from mergers. It is also noted how this will allow both businesses to better compete against their suppliers.

You could use both Ansoffs Matrix and Porters 5 Forces when assessing this proposal. 

{youtube}IKgjG4mYQo8|300|250|{/youtube}

mergers takeoversBusinesses as you are probably well aware tend not to stand still, as a result they are constantly looking to grow and increase in size. This could see a business entering new markets or simply looking to increase their market share in existing markets.

Some organisations may set about a process of organic growth; others look to mergers or takeovers as the solution to achieve this growth. This video takes a look at these concepts and explains those using examples which could be a perfect lesson or revision resource.

{youtube}RvmNXfL-YIE|300|250|{/youtube}

Should shops be allowed to open for longer hours on a Sunday? The ethical argument based on religious beliefs is that the number of hours shops can open on a Sunday should be limited. The UK Government allowed shops to open longer during the Olympics for a special short period, however now it seems that some businesses want the option to open longer on a Sunday, all the time.

Should the Government remove its intervention though legislation on this social factor or should businesses accept this is the case when entering the UK market place?

 

http://www.dailymail.co.uk/news/article-2597931/Let-stay-open-longer-Sunday-Big-stores-plea-scrap-ridiculous-rules.html

UK Economic Information

Here you can find some links to articles relating to the UK economy. These are just some of the articles that I have spotted and you will probably find many more online yourself, when conducting your wider reading.

 

 

 

For each of the articles above ask yourself the following question: "What will be the impact on the economy of this story?"

Re-shoring to the UK (from China)

Learn all about Re-shoring with Bee the Business Bee. 

Watch the video tutorial below, before downloading the worksheets that are included with this lesson. If you have any questions about this area of the course, please feel free to post you questions and comments in the area below.

{youtube}9ci3DocK_Mw|300|250|{/youtube}

 

Supporting Resources

 

Economic Cycle

Learn all about Economic Cycle with Bee the Business Bee. 

Watch the video tutorial below, before downloading the worksheets that are included with this lesson. If you have any questions about this area of the course, please feel free to post you questions and comments in the area below.

{youtube}UZxorWGIm4Q|300|250|{/youtube}

 

Supporting Resources

 

PESTLE Analysis

Learn all about PESTLE Analysis with Bee the Business Bee. 

Watch the video tutorial below, before downloading the worksheets that are included with this lesson. If you have any questions about this area of the course, please feel free to post you questions and comments in the area below.

{youtube}DW1CtwvxDpw|300|250|{/youtube}

 

Supporting Resources

 

Twitter

Share This

Follow Us