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Correct the underlined word and rewrite the sentence.
Business ethics is a compulsory term.
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Correct the underlined word and rewrite the sentence.
Business ethics is not a relative term.
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Explain the following term/concept.
Business ethics
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Explain the following term/concept.
Moral Values
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Explain the following term/concept.
Social values
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What is business ethics?
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Justify the following statement.
Business ethics contains moral and social values for doing business.
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Justify the following statement.
Business ethics can be considered as a tool for social development.
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Describe the features of business ethics.
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Give one word/phrase/term for the following sentence.
The right of the consumer which is about safety and protection to his life and health.
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The seller has to recognize the rights of the Consumer.
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Answer in one sentence.
What information one should check before buying a product?
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When do we observe World Consumer Rights Day?
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Study the following case/situation and express your opinion.
Mr. Ashok visited a shop to buy a pair of shoes for Rs. 700. The salesman forced him to buy a pair of bigger size shoes of the ordinary company by claiming this size would be suitable to him. After reaching home, he discovered that shoes are still too big for him. He complained about the shoes to the shopkeeper. It was denied by the shopkeeper to replace the shoes despite the availability of stock.
In the above case,
- Which right has been violated?
- Is Ashok a buyer or end user?
- Where can Mr. Ashok file his complaint?
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Study the following case/situation and express your opinion.
Mrs. Meera a resident of Nagpur District bought a washing machine worth Rs. 50,000 without cash memo with a warranty period of 2 years. After 1.5 years she noticed some defect and asked the company to repair or replace it. The company did not accept her complaint despite the defective product.
In the above case,
i) Suggest suitable redressal machinery to protect her right.
ii) If she is not satisfied with the decision given by redressal machinery, where should she appeal?
iii) What was the negligence of Mrs. Meera while buying the washing machine?
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State any four rights of the consumer.
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Explain the following term/concept.
Marketing Mix
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Study the following case/situation and express your opinion.
Mr. X deals in import and export business so he needs different foreign currencies. For the expansion of his business, he borrows money from the bank. He invests his funds in the equity shares.
- Name the market from where does Mr.X borrow money?
- Name the market where does Mr. X invests his funds?
- Which type of currency is required for the international market?
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Explain in detail the significance of marketing to society.
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Justify the following statement.
Marketing is significant to consumers.
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