The reasons for protecting consumers from the point of view of business are:
A. Business uses society's resources
B. Moral justification
C. Government intervention
D. Social responsibility
Choose the correct answer from the options given below:
The reasons for protecting consumers from the point of view of business are:
A. Business uses society's resources
B. Moral justification
C. Government intervention
D. Social responsibility
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 3
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 to avoid government intervention. All four given points fall within these reasons, so A, B, C and D are all correct.
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