Points of importance of consumer protection from a business point of view include:
(A) Consumer justification
(B) Government intervention
(C) Social responsibility
(D) Business uses society's resources
Choose the correct answer from the options given below:
Points of importance of consumer protection from a business point of view include:
(A) Consumer justification
(B) Government intervention
(C) Social responsibility
(D) Business uses society's resources
Choose the correct answer from the options given below:
Solution
From the business point of view, consumer protection is important because of the long-term interest of business, business uses society's resources, social responsibility, moral justification and government intervention. 'Consumer justification' is not among these points (the actual point is moral justification). Hence only (B), (C) and (D) are correct.
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