मराठी

Explain the importance of consumer protection from the point of view of a business.

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प्रश्न

Explain the importance of consumer protection from the point of view of a business.

स्पष्ट करा
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उत्तर

Businesses cannot survive or profit without consumer protection and satisfaction because of the following reasons:

  1. Long-term interest: long-term profit maximisation should be the aim of the business by retaining the consumer interest by satisfying them with the products.
  2. Business uses society's resources: Business uses resources from society; therefore, it’s their responsibility to supply such products and render such services which are of consumer interest.
  3. Social responsibility: consumers are the major stockholders in the business firm, and this holds the responsibility of the business to supply good quality products and reasonable prices to consumers.
  4. Moral Justification: It is the moral duty of any business firm to take care of its consumers by preventing them from getting exploited, experiencing insecure losses, and facing unfair trade.
  5. Government Intervention: A business engaging in exploitative trade practices would attract government intervention, where punishable laws will be followed in case of exploitation of the consumer, which can spoil the image of the business. Hence, such practices of fraud need to be avoided.
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पाठ 15: Consumer Protection - QUESTION BANK [पृष्ठ ४७५]

APPEARS IN

सी. बी. गुप्ता Commerce Volume 2 [English] Class 12 ISC
पाठ 15 Consumer Protection
QUESTION BANK | Q Q. 8. | पृष्ठ ४७५
एनसीईआरटी Business Studies Part 2 Business Finance and Marketing [English] Class 12
पाठ 11 Consumer Protection
Long Answer | Q 1 | पृष्ठ ३६०

व्हिडिओ ट्यूटोरियलVIEW ALL [4]

संबंधित प्रश्‍न

The right of consumer which allows him to express his views.


Write short answer of the following.
State the responsibilities of consumers.


 State the ways and means of consumer protection.


Manvendra always went to a specific shop to buy all consumable and nonconsumable goods. In this shop variety of products of different brands were displayed nicely and the sales person available also gave good sales presentation if required. But this shop was quite far off from his residence. His friend Annant always wondered why Manvendra wastes so much time in going to that shop where as there were many big brand shops situated near his residence having consumable and non-consumable goods. Annant asked Manvendra the reason of going to that particular shop. Manvendra told that he was exercising one of his ‘Rights’ which he could not exercise in near-by big brand shops.

State the consumer’s right which Manvendra had exercised.


On Sonika's birthday her mother gave her a pair of gold earrings. After one month Sonika observed that the ear-rings are losing their shine. She checked the mark on the earrings and found that it was not a proper Hallmark and her mother had been cheated by the shopkeeper. So, she finds a complaint in the district forum which rejected it. Not satisfied by the decision of district forum, she was very much disturbed and after two months decided to appeal further.

Can Sonika appeal against the decision of the district forum? Give reason in support of your answer.


Pankaj purchased a car from ‘Abhishek Motors’ for < 50 lakhs. The company offered many attractive gifts to Pankaj like — free insurance for first two years, free pick-up and drop facilities for free servicing up to 20,000 km, etc. But after a few days, Pankaj noticed that the pick-up of the car was not good and there were some problems with the engine. The company serviced the car free of cost but even then Pankaj was not satisfied with its performance. ‘Abhishek Motors’ is not giving him the due response. So he filed a complaint in the State Commission but was not satisfied with its decision also. He was very much disturbed and after two months decided to appeal against it. Can Pankaj appeal against the decision of the State Commission ? Give reason in support of your answer.


Select the proper option from the options given below and rewrite the complete sentence:
A District Forum can entertain the claims up to Rs ________.


State with reasons whether the following statement  True or False.
The Government alone is fighting for consumer protection.


Answer the following question.
What do you mean by Consumer protection? Explain its importance.


Answer the question.
Explain the need for consumer protection.


Explain any five rights of consumers as provided under the Consumer Protection Act. 1986.


Consumer Responsibility?


What is the importance of consumer protection from the point of view of a business.·


Mayank purchased a pack of chocolates of a renowned brand for his daughter from a shop in the nearby market. After consuming the chocolates, his daughter fell sick. He filed a case with the District forum against the renowned brand. He lost the case because of a mistake that he could not provide proof of purchase. What should be kept in mind by a consumer while purchasing, using and consuming goods and services apart from avoiding the mistake committed by Mayank, in order to enable him/her to achieve the objective of consumer protection? Enumerate any four points.


Briefly describe any two Consumer Aids.


Write the full form of FSSAI. 


A wholesaler sold adulterated goods which were hazardous to the consumer's health.


A patient suffering from a high fever was hospitalised for a few days. During the treatment, he was given an injection whichcaused a permanent nerve damage resulting in paralysis. The cost of treatment was ₹2,00,000, which was disputed by the patient's family.

The consumer dispute redressal authority can be approached by the patient's family. Explain any three rights to the consumers.


______ is given to products that are biodegradable and have the capacity to be recycled.


State any four responsibilities of a Consumer.


Discuss any four problems faced by consumers while buying products from the market.


Meena wants to deposit her surplus money in the bank for a higher rate of interest. Keeping in view Meena’s requirement, suggest the type of bank account she should open. Mention any one feature of the account suggested by you. 


Raj brought an immersion rod a few days back which stopped functioning. He went back to the shopkeeper and wanted the item to either be replaced or rectified by the shop. But the shopkeeper refused to entertain Raj’s plea and asked him to leave his shop. 

Which consumer right of Raj was violated? Enumerate any three responsibilities of a consumer in such situations.


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