The importance of consumer protection from the consumer's point of view can be understood from which point?

Option 1 -> Long-term interest of business: This reflects the business perspective on why consumer protection matters for sustained profitability, not the consumer's viewpoint.

Option 2 -> Social Responsibility: This represents a broader ethical or corporate perspective rather than specifically addressing consumer concerns.

Option 3 -> Business uses society's resources: This is a societal/economic perspective about resource utilization, not directly related to consumer protection needs.

Option 4 -> Unorganised Consumers: Consumers are typically scattered, lack unity, and have limited individual bargaining power against organized businesses, making them vulnerable to exploitation and highlighting their need for protection.

Hence, Option 4: Unorganised Consumers -> From the consumer's point of view, the importance of consumer protection stems from the fact that consumers are unorganized and scattered individuals who face powerful, organized businesses. This lack of organization makes them weak, vulnerable to unfair trade practices, exploitation, and manipulation. They need protection because they cannot effectively bargain or defend their rights individually against large corporations -> correct