Question

Advantage and disadvantage of consumer awareness with conclusion ?​

Answer 1

Answer:

Consumer awareness is the necessity of the hour whether it is about your rights, the information about the product or anything else that can change the mind-set of the other buyers. There is no doubt that consumer awareness is quite more in the present time and has helped a lot in bringing the transformation.

Explanation:

Answer 2

Disadvantages can help propel you to see your situation from different perspectives and find approaches to succeed that you might not otherwise have found. Advantages can blind you from the necessity to keep searching for better ways to pursue success.

Advantage:-

Consumer awareness plays a key role in decision making and benefits society by promoting customer satisfaction, increasing economic stability and creating realistic expectations. The benefits of consumer awareness of an individual include enhanced critical thinking, improved life skills and increased self confidence.