Consumer Rights and Responsibilities

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What is the primary objective of the Right to Safety?

To compensate consumers for low-quality products

To ensure consumers have freedom to choose

To safeguard consumers against goods and services (correct)

To provide consumers with honest information

What is the primary purpose of the Right to Information?

To provide consumers with the right to choose from various products

To educate consumers on the skills needed to be informed

To enable consumers to participate in the formulation of policies

To ensure consumers are informed and not misled (correct)

What is the significance of the Right to Redress?

It allows consumers to participate in the formulation of policies

It enables consumers to select the best products and services

It ensures consumers have the right to be compensated for low-quality products (correct)

It provides consumers with the skills needed to be informed

What is the main benefit of the Right to Education?

It ensures consumers have the skills needed to be informed (A) Signup and view all the answers

What is the primary purpose of the Right to Representation?

To enable consumers to participate in the formulation of policies (A) Signup and view all the answers

What is one of the responsibilities of business organizations to the government?

Assisting in implementing socio-economic development policies (A) Signup and view all the answers

What is one of the ways business organizations can help the government?

By exporting goods to foreign markets (B) Signup and view all the answers

Why does the government require foreign currency earned by business organizations?

To import valuable and important products (C) Signup and view all the answers

Why is it important for business organizations to comply with environmental regulations?

To protect the environment (D) Signup and view all the answers

What is one of the accountabilities of business organizations to the government?

To complete government contracts promptly (B) Signup and view all the answers

What is an example of unethical behavior in business?

Use of defective weighing scales to tamper with the weight of goods (A) Signup and view all the answers

What is the primary purpose of due process in employment?

To protect the employee's right to a fair termination process (C) Signup and view all the answers

What is the term for the physical environment and procedures that affect an employee's work?

Working Conditions (B) Signup and view all the answers

What is the primary goal of enforcing anti-discrimination policies in the workplace?

To prevent discrimination based on certain characteristics (A) Signup and view all the answers

What is the term for the employee's right to be protected from job-related hazards?

Employee Safety (B) Signup and view all the answers

What is the primary purpose of providing workers' compensation insurance?

To compensate employees for work-related injuries or illnesses (D) Signup and view all the answers

What is the responsibility of a business in terms of time and quality of work?

To complete the work in time and maintain a high level of quality of work (A) Signup and view all the answers

Why is it important to maintain long-term stability with suppliers?

To have pay back good value, quality, and reliability (A) Signup and view all the answers

What is the most common form of unethical practice committed by suppliers?

Bribery (A) Signup and view all the answers

What is the responsibility of a commercial organization towards the government?

To contribute funds to the government during emergencies and natural calamities (B) Signup and view all the answers

Why should businesses select suppliers with discernment?

To select suppliers with legal compliance, quality control, and environmental conservation (C) Signup and view all the answers

What is the importance of paying on time to suppliers?

To ensure a stable and long-term relationship with suppliers (B) Signup and view all the answers

What is a consequence of bribery?

Awarding of contracts to suppliers of inferior products or services (A) Signup and view all the answers

What is an ethical practice to address bribery?

Being monetarily responsible (C) Signup and view all the answers

What is a responsibility of business towards the community and society?

Spending a part of profits towards civic and educational facilities (D) Signup and view all the answers