If an entrepreneur gives correct information to customers instead of hiding a product limitation, what does it show?
Answer and explanation
Correct answer: Honesty and ethical business behaviour
Giving complete and accurate information, including a product limitation, is an example of honesty, transparency, and ethical business conduct. It enables customers to make informed choices and can build long-term trust. The other options do not correctly describe truthful communication with customers.
Frequently asked questions
What is the correct answer to this question?
Honesty and ethical business behaviour
Why is this the correct answer?
Giving complete and accurate information, including a product limitation, is an example of honesty, transparency, and ethical business conduct. It enables customers to make informed choices and can build long-term trust. The other options do not correctly describe truthful communication with customers.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Social Responsibilities of Business and Business Ethics. Topic: Business Ethics.
