ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Class I
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Class II
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Class III
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Class IV
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Detailed explanation-1: -Class I Recalls by the US Food and Drug Administration (FDA) are the most severe type of FDA recall. In a Class-I recall there is a potential for serious injury or death.
Detailed explanation-2: -Class I recall: a situation in which there is a reasonable probability that the use of or exposure to a violative product will cause serious adverse health consequences or death.
Detailed explanation-3: -Class III: Recalls for products that are unlikely to cause injury or illness, but violate FDA regulations.
Detailed explanation-4: -A Class I recall is the most urgent and serious of the three types of FDA recalls. Class I recalls usually pertain to defective products that can cause serious health problems or death.