Which of the following statement is not correct relating to consumerism?

Consumerism is a manifestation of the failure of the business to guarantee and ensure cosumer legitimate rights
The government does not have any role in consumer protection as it is the part of business organisation alone
The consumers should accept consumerism as a means of asserting and enjoying their rights
Consumerism evolution is not a setback for marketing but rather points to the next stage in the evolution of enlightened marketing

The correct answer is: B. The government does not have any role in consumer protection as it is the part of business organisation alone.

Consumerism is a social movement that asserts the rights of consumers to receive fair treatment from the companies that sell them goods and services. Consumerism has been a major force in the development of consumer protection laws and regulations, and it has also played a role in the development of marketing practices that are more responsive to the needs of consumers.

The government has a role to play in consumer protection because it is the only entity that has the power to regulate businesses and ensure that they are not taking advantage of consumers. The government can also provide information and resources to consumers so that they can make informed decisions about the products and services they purchase.

Businesses also have a role to play in consumer protection. They should be honest and transparent in their dealings with consumers, and they should provide products and services that meet the needs of consumers. Businesses should also be responsive to consumer complaints and should take steps to resolve them.

Consumerism is not a setback for marketing. In fact, it can be seen as a positive force that can help to improve the relationship between businesses and consumers. Consumerism can help to ensure that businesses are more responsive to the needs of consumers, and it can also help to create a more level playing field for businesses.

In conclusion, the government does have a role to play in consumer protection. Businesses also have a role to play in consumer protection. Consumerism is not a setback for marketing.

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