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Question : The interest of the stakeholders should be well taken care of. 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 2nd Jan, 2024
Answer (1)
Team Careers360 15th Jan, 2024

Correct Answer: Social responsibility
 


Solution : A business has social responsibilities towards various interest groups. Stakeholders from an important group among the many stakeholders and like others stakeholders their interest needs to be well taken care of.

Hence, option C is correct.
 

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