Managers can fulfill their social obligation towards consumers by ________.

Question

Quizplus · Accepted Answer

Fulfilling the social obligation towards consumers involves providing safe products that meet their needs and do not pose any harm to them. This can improve customer loyalty and trust, leading to increased sales and profits for the organization. Abiding by laws and repaying debts are important ethical responsibilities, but they do not directly address the needs and safety of consumers. Providing safe working environments is a social obligation towards employees, not consumers. Increasing the value of the organization can benefit stakeholders, but it is not directly related to fulfilling social obligations towards consumers.

Managers Can Fulfill Their Social Obligation Towards Consumers by ________