CASPer Test 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

One argument for why companies should consider discounting products for societal benefits is that:

Higher prices lead to better quality products

Discounted products can increase patient satisfaction

The argument for discounting products for societal benefits is supported by the notion that discounted products can increase patient satisfaction. When companies lower prices on essential goods or services, they make these items more accessible to a broader audience, particularly those who may struggle financially. This accessibility can lead to improved health outcomes and overall well-being for individuals who benefit from the products.

In the context of healthcare, for instance, when patients can afford medications or medical devices due to discounts, they are more likely to adhere to treatment plans. Increased patient satisfaction arises from the knowledge that they can obtain necessary products without facing financial hardship. This not only fosters loyalty to the brand but also contributes positively to the brand's reputation and societal image.

Discounting as a strategy thus aligns with corporate social responsibility, as it reflects a commitment to community welfare and supports individuals in managing their health effectively.

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Discounting products prevents competition

No discounts are ever beneficial

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