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Question : Business firms today at long term profit maximization through customer satisfaction.sellers.Which importance of consumer protection is highlighted in the given statement?
 

Option 1: Long term interest of buisness

Option 2: Business uses society resources

Option 3: Social responsibility

Option 4: Moral justification

 


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

Correct Answer: Long term interest of buisness


Solution : In this highly competitive world enlighted business firms have realise that they can exist in long run only when they satisfy the consumers.

Hence, option A is correct.

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