www.olx.in, www.quicker.com etc are examples of websites used to conduct business. Dipti's sofa set got spoiled in the rain. Her friend suggested that she should change the fabric so that it looks new and put it for sale on www.olx.com Dipti followed her friend's advice and got her sofa repaired so that it looks better and uploaded nicely clicked pictures on www.olx.com in without disclosing the fact that it was damaged from inside. She found a customer and sold it for Rs.9,000. After one week the buyer found the real state of the sofa set and called Dipti but she did not answer any of the calls
(i) Name the type of business in the above case.
(ii) Which values did Dipti ignore while selling her sofa set?
Answers
Answer:
Explanation:
i.C2C
ii. Deepa gave false information about the product. Due to the lack of personal touch, one cannot feel the product before buying. They will not be able to check for any default. It lacks credibility.
Answer:
(i) The type of business in the given case is online selling or e-commerce.
(ii) Dipti ignored ethical values such as honesty and transparency while selling her sofa set.
She intentionally concealed the fact that the sofa set was damaged from inside, which is not ethical business practice. By doing so, she cheated the buyer and violated the trust that the buyer had placed in her as a seller.
This behavior is not only unethical but also illegal, as it amounts to fraud and cheating.
As responsible members of the society, we should always practice honesty and transparency in our business dealings, and uphold ethical values such as trust, fairness, and respect for others.
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