Multiple choice

Which of the following is not a responsibility of the businessman towards government?

  1. To pay taxes promptly and regularly

  2. To cooperate with the state in solving national problems

  3. To provide goods of standard quality

  4. To avoid monopolistic and restrictive trade practices

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

It is not the responsibilty towards government, but towards consumers. As the consumers purchase the products and pay the price for it, it is the responsiblity of business to provide the goods of good and standard quality at reasonable prices to its consumers.

Keep practicing — related questions