Practicing Success
Read the following text and answer the following 5 question on the basis of the same (Q.1) : |
Self regulation by Business Consumer Awareness Government Both 1 and 2 |
Both 1 and 2 |
Self Regulation by Business: Enlightened business firms realise that it is in their long-term interest to serve the customers well. Socially responsible firms follow ethical standards and practices in dealing with their customers. Consumer Awareness: A consumer, who is well informed about his rights and the reliefs available to him, would be in a position to raise his voice against any unfair trade practices or unscrupulous exploitation. In addition to this, an understanding of his responsibilities would also enable a consumer to safeguard his interests. |