State with reasons whether the following statements are true or false. 3. Expectations of society and public towards business are changing. True

State with reasons whether the following statements are true or false.

3. Expectations of society and public towards business are changing. True

Explanation:

With time, the demands and knowledge of the society have changed. Nowadays, people have become more aware. Various consumer movements by the government and non-government organisations have spread awareness among consumers. Thus, a business should function in accordance with these changes. It should produce goods and services that are in demand and should not indulge in any unfair practices.