Gujarat BoardEnglish MediumSTD 12 CommerceOCMCONSUMER PROTECTION5 Marks
Question
State the two views to classify importance of consumer protection.
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Answer
The importance of consumer protection can be broadly classified with respect to two views. They are:
$(A)$ Importance of consumer protection from the View point of business
$(B)$ Importance of consumer protection from the View point of consumer
The list of functions to be done under consumer protection is quite long and exhaustive.
The function of consumer protection is not limited to spreading awareness regarding consumers’ rights and responsibilities but also solving their genuine complaints.
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