Some unlawful business practices.

TOZZIBLINKZ

VIP Contributor
A business is established to make the customers and clients or members of the public at large to feel satisfied and to feel comfortable in getting their needs and wants satisfied. A deviation from this purpose simply means that the business is engaging in some sort of unlawful practices which totally can lead to the downfall of the business if care is not taken. Laws affect business in all manner of ways and that is because in a business they are categories of persons with different status and with different sense of attitude, and so in order to make sure that each of everyone in the business organisation performs his or her role effectively they should be rules and regulations. However below has some unlawful practices of business:

* False products advertisement: in order to gain the attention of members of the public, businesses usually use the channel of advertisement via the media to make individuals get to know their products more better and to know its purpose as well. Sad to say many businesses advertise false products, which are only out there to falsely win the interest of members of the public.

* Deceptive pricing: whether the business is a good selling business or a service providing business, they must be always something to give in exchange for money or profits, however some business owners usually price their products excessively far from the usual and normal way the products will be priced, their aim here is to make more profit and outrun their competitors.
 

Axis

Banned
Another possible unlawful business practices is lying to customers in order for them to buy a product or services that you sell or render. What business owners who engage in this kind of unlawful business practices do not know is that it totally killed the interest and loyalty of their potential customers and clients. Although lying to customers can totally be harmless from the onset but deep down it kills your business in every form of ways. Lying to customers can also earned the reputation of the business as majority of people will only regard you as a lies business owner and there was absolutely no individual that we want to have a deal or have something concerning business with an individual who lies.

It is totally necessary for a business to sell and to render the right quality goods and services so that he or she can promote them and as well make them sound truthful to customers and clients.
 

CALVINDOL

VIP Contributor
There are some business practices considered to be good and those considered to be bad and does business activities considered to be good include the ability for the business to sell and to render the right quality goods and services. However those activities considered to be bad which are being practiced by most businesses include, selling of it products and services by stipulating exorbitant prices. And also mis-informating customers of a particular products in order for them to make sense, however this is done when business managers or business owner prevent from telling a particular customer or client the truth about the particular product so that they can get the product sold to the customer and make profit.

These attitudes are considered unlawful by businesses as they do not follow the standard of which a particular business should be managed, operated, and runned. It is totally very necessary for business owners and business managers to see the need to operate their business with the lawful standard as well as rules and regulation of business operation.
 
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