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Question:

Explain the importance of Consumer Protection for businesses.

Answer:

Consumer protection is essential for businesses because it helps in building long-term relationships with customers by ensuring customer satisfaction and trust. It prevents legal actions by complying with consumer laws, enhances business reputation, and helps businesses avoid penalties. A satisfied consumer base can lead to positive word-of-mouth, which benefits business growth. Furthermore, ethical business practices, encouraged by consumer protection, lead to a sustainable business model.


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  • 4 months ago

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  • Answered by Ekta Mehta
  • 4 months ago

Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.

  • Answered by Ekta Mehta
  • 4 months ago

Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.

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