A prime social responsibility of business is to safeguard consumers:

Question

Quizplus · Accepted Answer

The prime social responsibility of business is to safeguard consumers while continuing to supply them with goods and services they want. This means that businesses must ensure that their products or services are safe, reliable, and meet the needs and expectations of their customers. While maintaining high profit margins and supplying goods at the lowest possible cost are important considerations for businesses, they are secondary to the primary responsibility of protecting the interests of consumers. Providing new technology that promotes better health is also important, but it is not the prime responsibility of business.

A Prime Social Responsibility of Business Is to Safeguard Consumers