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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Is Consumer Protection necessary? - Commerce

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Question

Is Consumer Protection necessary?

Answer in Brief

Solution

The consumer is supposed to be the king in the business. Consumer satisfaction is compulsorily necessary. Because the business depends upon the consumer. If there is no consumer, no need for production or sales. So the consumer is to be fully satisfied and respected in the market.

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Chapter 18: Grievance Redressal Mechanism - Exercise [Page 154]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 18 Grievance Redressal Mechanism
Exercise | Q III. 1. | Page 154
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