What are responsibilities of business towards …

The following are the responsibility of business towards its employees:

• To ensure job security
• To create a cordial relationship between management and workers
• To participate employees in decision making and profit sharing programs
• To provide an opportunity for training, promotion, and career development
• To hear and handle the grievances of employees and workers

The main responsibilities of business towards consumers are:

• To supply better quality goods at the right time at a reasonable price
• To provide after sale service on the basis of nature of a product
• To provide information about the changes introduced by the business
• To take necessary steps to improve quality, reduce price and develop the network for distribution
• To avoid unfair trade practices like black marketing, adulteration, false advertising etc.