Identify the correct importance of Consumer protection from consumers' point of view
A. Moral Justification
B. Government Intervention
C. Unorganised Consumers
D. Social Responsibility
Choose the correct answer from the options given below:
Identify the correct importance of Consumer protection from consumers' point of view
A. Moral Justification
B. Government Intervention
C. Unorganised Consumers
D. Social Responsibility
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 3
From the consumers' point of view, consumer protection is important because of consumer ignorance, unorganised consumers, and widespread exploitation of consumers. Moral justification, government intervention and social responsibility are reasons from the business point of view. Of the given items, only C (Unorganised Consumers) qualifies.
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