"Consumer is the King of market, nevertheless he is exploited." Discuss the reasons for this statement.

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Solution

Customers are considered to be the King of the market. This holds true in today's market scenario. Traditionally, this rule usually entails a company's promise to provide good customer services to the Customers. Customers are key to business success.
For a business to sustain having its customers is the prime requirement. various businesses spend a lot of time and effort in advertising and promotion of their product to attract the consumer.

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