activity on consumer awareness and methanology, two objectives etc
Answers
Answer:
Explanation:
Rise Of Consumer Awareness:
In the globalization, liberalization and privatization era, most of the economic decisions are taken by the market. Though the government has withdrawn itself from many economic activities, it interferes very often when the market mechanism fails due to structural rigidities in the economy and other factors, to provide goods and services to the people.
Consumption is one of the important economic activities, which requires regular government intervention, as the market is unable to promote security and welfare aspects of the consumers. On the other hand, consumers have to be aware not only of the commercial aspects of sale and purchase of goods but also of the health and security aspect also. Besides this, they should be aware of their rights and duties being as rational human beings.
Meaning Of Consumer Awareness
Consumer awareness means awareness of consumers in different aspects of consumption activities. Consumer awareness is a broader and wider concept.
Objectives Of The Study
The Study based on the following objectives:
To study the level of consumer awareness of the consumers in the study area.
To make the students habituated about the survey work.
To make the students acquainted how different statistical tools can be applied in different socio-economic problems.
The important ways for consumer protection are:
1. Imposition of self-regulation and discipline by the manufacturers and suppliers of goods and services for working in the interests of consumers.
2. The role of government which can enact laws for the protection of consumers and make arrangements for their enforcement.
3. 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.