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SESSION:-2021-22 Subject: - Social Science Topic: - Consumer Awareness Submitted By: - Sakshi Rathore Submitted To: - Mr. Kartikeswar Patro
SESSION:-2021-22 Subject: - Social Science Topic: - Consumer Awareness Submitted By: - Sakshi Rathore Submitted To: - Mr. Kartikeswar Patro
SESSION:-2021-22 Subject: - Social Science Topic: - Consumer Awareness Submitted By: - Sakshi Rathore Submitted To: - Mr. Kartikeswar Patro
SESSION :- 2021-22
SUBJECT :- SOCIAL SCIENCE
TOPIC :- CONSUMER AWARENESS
SUBMITTED BY :- SAKSHI RATHORE
SUBMITTED TO :- MR. KARTIKESWAR
PATRO
PREFACE
In this we are going to know about consumer
awareness and its need,the aim of consumer
awerness,basic right of consumer, type of
consumer,some important points of consumer and
consumer awerness.
Introduction
In the current trend of Marketing, the consumer is a lifeblood of
all its functioning. The market gets shrewd and sometimes the
consumer has to suffer the brunt of it. Therefore, consumer
protection is an act of providing consumers with complete
information about the goods, services and their rights.
Consumer awareness is very important as they invest their time
and money in marketing activities and they have a right to
transparent information.
Misleading advertisement, unsafe products, overcharging and
unweighing and other malpractices are performed by
unscrupulous businessmen. Consumer awareness is an act of
saving consumers from such delinquencies.
Need for Customer Protection-
1. The consumer is the most important factor in business. No
business can survive without consumers as their
satisfaction is the main purpose of any business operations.
2. Business is not just about monetary benefits but also to
upgrade the society to a better version by keeping its
welfare as an objective.
3. The Constitution has provided us with the Consumer
Protection act 1986, to protect the consumers from any
marketing malpractices.
4. Consumer protection rights promote a healthy competitive
market which supports economic growth. It keeps away
malicious trade practices and unscrupulous business owners
from damaging the fair trade.
5. Consumers are an integral part of a market structure. It is
very important to protect their rights in order to have a fair
market structure.
Consumer Awareness is an act of making sure the buyer or
consumer is aware of the information about products, goods,
services, and consumers rights. Consumer awareness is
important so that buyer can take the right decision and make the
right choice.