Explain the Role of Consumer Behaviour in Business and Society

question 77

Essay

Explain the role of consumer behaviour in business and society.

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Definitions:

Federal Trade Commission

A federal agency established to enforce antitrust laws and promote consumer protection in the United States.

Cease-And-Desist Orders

Legal directives issued by a court or government agency, requiring individuals or entities to stop an alleged illegal or harmful activity.

Unfair Trade Practices

Dishonest or fraudulent conduct by businesses aimed at gaining an unfair advantage in the marketplace.

Woman Movement

Collective efforts aimed at achieving greater rights, equality, and opportunities for women, encompassing various social, economic, and political reforms.