[a] Health of the consumers |
[b] Fitness of the products |
[c] Quality of the product |
[d] Proper quantity at reasonable prices |
[e] Customs and traditions of the consumers, etc. |
(i) What values are cherished by an individual in the above case? |
(ii) Why should producers consider the above mentioned aspects? |
Answer:
(i) The value of freedom is cherished by an individual as she is purchasing the product as per her needs and nobody is forcing her to buy a particular product. (ii) Producers should consider health, fitness, quality, quantity, customs and traditions, etc because it is essential for a business unit to consider the social aspects of business environment as the business exists in the society and it is the duty of a producer to produce the goods as per the needs and wants of the society. In order to survive in the long-run, these aspects should be considered.
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