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Question
The consumer, being the king of the market, does not have any responsibility.
Options
True
False
MCQ
True or False
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Solution
This statement is False.
Explanation:
The consumer is the king of the market but in reality experience is different. Business cannot work without consumer. The survival and growth of business depends on consumer satisfaction, service and support. The commercial organization should win the confidence of the customers.
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Responsibilities Towards Different Interest Groups - Responsibilities Towards Consumers
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Chapter 7: Consumer Protection - EXERCISE [Page 147]
