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(1) Protection from Unsafe Products: An important object of consumer movement is, the united fight of consumers against harmful and unsafe products produced by manufacturers and sold by traders. The examples of such products are medicines causing side effects, sold without any written warning, sale of stale products, etc.
(2) Protection against Unfair Trade Practices: Businessmen do various unfair trade practices like overcharging the customers, using inaccurate weight and measures, selling inferior quality goods, resorting to black marketing, etc. Consumer movement protects the consumers from such malpractices.
(3) Protection Against Pollution: Due to consumer movement, business organizations are under pressure to take the necessary measures to control air, water and noise pollution.
(4) Bringing Consumers Together: It was very easy for business organizations to exploit unorganized customers. However, due to consumer movement, customers are collectively fighting for their rights. Thus, consumer movement has succeeded in uniting and getting a fair deal for consumers from the business world.
(5) Control on Monopolistic & Restrictive Trade Practices: Many Laws and Acts have been introduced to protect the interest of consumers against monopolistic and restrictive trade practices of businessmen.
(6) Creating Consumer Awareness: Consumer movement creates awareness among consumers and educate them through lectures, seminar, workshops, media, public meetings, etc. regarding consumer rights.
(7) Timely Supply of Essential Commodities: Consumer movement has made it possible for consumers to form Consumer Co-operative Societies for production and distribution of essential commodities on co-operative basis so as to ensure their regular supply at reasonable prices.
(8) Right to get After Sale Service: After sale service is provided by manufacturers and sellers to the customer even after effecting sales. Seller must provide after sale services in case of consumer durable products. The seller is supposed to undertake free repairs and maintenance of products sold during the warranty period. The awareness about this right of consumers has been brought through consumer movement.
(9) Pressure on Government: Since consumers are now united, they are able to exert pressure on the government to enact various laws and introduce measures for consumer protection.
(10) Link between Consumers and Business Community: Various consumers, by passing on consumer grievances, their suggestions, etc to business organizations are getting justice for consumers.
(11) Legal Help: Various consumer protection associations helps the consumer to get their complaints against malpractices of traders, redressed through Consumer Disputes Redressal Agencies or Civil Courts.
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How does consumer sovereignty affect business production?
There no answers yet
How might psychological factors affect the business cycle?
optimism can lead to increased consumer spending and greater business productivity.Pessimism can make people more cautious,reducing consumer spending.
How consumer demand affect business?
if demand for anything is more than that product will sell more, if there is no demand for an item then that will not sale.so if sales are more there would be more profit ,if sales are less profit will also less. more profit means a good business and less profit means that business is not in a good position. i hope now u can understand it.shortly more consumer demand more good business,less consumer demand less business.
What Factors affect consumer spending?
The factors that affect consumer spending are: Size of Income, Future Expenditures, and Social Influences.
What is the scope of consumer behavior and its importance?
Consumer behavior has a large scope in that it can affect everything about business. What consumers are currently buying and what they will buy in the future, how much they are willing to pay, etc. can determine what companies produce and even if a company survives.
What was the impact of the consumer protection movement?
The Consumer Protection Movement stemmed from the idea that consumers were being exploited by business movement. The movement occurred in India and helped produce the Consumer Protection Act of 1986.
How does consumer sovereignty affect business production?
There no answers yet
How does social responsibility business positively affect the consumer?
How does social responsibility by businesses affect the consumer community negatively
Explain the factors that influences consumer's behavior?
Three factors that influence consumer behaviour are: 1. Consumer loyalty - When a consumer returns to you every time or keeps on purchasing from your business. 2. Environment - The environment of your business or where your business is located can affect your consumer e.g. If the surrondings are not healthy or clean it will affect your business 3. Price - If your prices are too high then persons would not want to buy from you, but if they are at a reasonable price then you would have a great amount of consumers and that can eventually lead to consumer loyalty.
How might psychological factors affect the business cycle?
optimism can lead to increased consumer spending and greater business productivity.Pessimism can make people more cautious,reducing consumer spending.
What is labor racketeering?
Labor racketeering is the domination, manipulation, and control of a labor movement in order to affect related businesses and industries. It can lead to the denial of workers' rights and inflicts an economic loss on the workers, business, industry, insurer, or consumer.
Is e-bay a cosumer to consumer website?
A large share of eBay is a consumer to consumer website. It is also a business to consumer and a business to business website.
What are E Commerce models?
There are seven models of e commerce they are 1) Business to Business (B2B) 2) Business to Consumer(B2C) 3) Consumer to Consumer (C2C) 4) Consumer to business (C2B) 5) Business to government(B2G) 6) Government to citizen ( G2C) 7) Government to Business (G2B)
What are 4 types of e commerce business?
Business-to-consumer (B2C)Business-to-business (B2B)Consumer-to-consumer (C2C)Mobile commerce (MC)
What factors in marketing environment might affect your marketing strategy if you were a fast food business?
consumer behaviors influences marketing strategy
How does electronic commerce e-commerce affect you as a consumer and how do you think e-commerce affects the way companies do business?
because it just does
Definition of Trade Show and consumer show?
A Trade show can be business to business selling or business to consumer selling. Typically business to business. Consumer show is business to consumer selling/marketing I have been to a lot of shows and wouldn't be nearly successful if I hadn't done a ton of research first.
