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What is the significance of the right to redressal in business ethics?
  • a)
    It emphasizes the importance of competitive pricing
  • b)
    It enforces ethical behavior in advertising
  • c)
    It provides consumers a way to address grievances
  • d)
    It promotes employee rights in the workplace
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the significance of the right to redressal in business ethics?...
The right to redressal allows consumers to seek remedies for unfair trade practices or exploitation. It provides a mechanism for addressing consumer grievances and holding businesses accountable for their actions.
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What is the significance of the right to redressal in business ethics?a)It emphasizes the importance of competitive pricingb)It enforces ethical behavior in advertisingc)It provides consumers a way to address grievancesd)It promotes employee rights in the workplaceCorrect answer is option 'C'. Can you explain this answer?
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What is the significance of the right to redressal in business ethics?a)It emphasizes the importance of competitive pricingb)It enforces ethical behavior in advertisingc)It provides consumers a way to address grievancesd)It promotes employee rights in the workplaceCorrect answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the significance of the right to redressal in business ethics?a)It emphasizes the importance of competitive pricingb)It enforces ethical behavior in advertisingc)It provides consumers a way to address grievancesd)It promotes employee rights in the workplaceCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the significance of the right to redressal in business ethics?a)It emphasizes the importance of competitive pricingb)It enforces ethical behavior in advertisingc)It provides consumers a way to address grievancesd)It promotes employee rights in the workplaceCorrect answer is option 'C'. Can you explain this answer?.
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