Consumer Being the King of the Market Does Not Have Any Responsibilities. - Organisation of Commerce and Management

Consumer being the king of the market does not have any responsibilities.

Ans. False

Reasons:

(1) In modern economy consumer is the king of the market.

(2) He has to be a responsible consumer to enforce his right.

(3) He must play an active role in consumer protection and must take up responsibilities.

(4) A consumer has the responsibility to act against the manufacturer or seller if any injustice is done.

(5) It is his responsibility to see that manufacturing activities do not affect environment adversely.

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Responsibility Towards - Consumers

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2018-2019 (February) Set 1

Q 4.D | 5 marks

Q 4.D | 5 marks

Write short note on Social Responsibility of business organisations towards Consumers

Getting products of better quality is the basic right of this group of society.

State the social responsibilities of a business towards consumers.

State the social responsibilities of business towards shareholders.

Explain the social responsibilities of business organisations towards consumers

Business organisations should supply goods of ............. quality to their customers.

Write a word or phrase or a term which can substitute the following.
Movement of the consumers against business malpractices.

Write a word or phrase or a term which can substitute the following.
Getting good quality products is the basic right of this group of society.

Long answer type question.
Which responsibilities are expected to be fulfilled by business units towards consumers?

Explain Social Responsibility towards Consumers?