🏫 Board💼 Business Studies

Identify the importance of consumer protection discussed in the following lines — "Business organisations make money by …

Q1

Identify the importance of consumer protection discussed in the following lines — "Business organisations make money by selling goods and providing services to consumers. Thus, consumers form an important group among the many stakeholders of business and like other stakeholders, their interest has to be well taken care of."

a

Moral justification

b

Business uses society's resources

c

Social responsibility

d

Long term interest of business

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