what is social responsibility of business towards consumer ?
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Answer:
To provide goods of standard quality. To charge fair prices. To provide prompt and courteous after sale services.
Explanation:
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A business has a social responsibility of selling good quality products at fair prices to the customers.
Explanation:
- A firm has multiple responsibilities towards its customers.
These are:
- A firm should sell only good quality products which are legally allowed by the authorities.
- A firm should consider all its customers as the same and should avoid differential pricing or price discrimination.
- A firm should provide only true information about its financial status as well as the product description to the customers.
- A firm should avoid fake advertising and spreading misinformation.
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