Economy, asked by mansigosain1, 1 year ago

explain the need for consumer consciousness by giving two examples.

Answers

Answered by naitiksinha
1
The term "consumer" refers to an individual who buys goods and services for personal use. The consumer makes the decision on whether to purchase a product or not; thus the consumer is the target of marketing strategies. From an economic perspective, consumer needs control the demands for goods and services.
Answered by Nandiniyadav
1
consumer is the person who buys goods from the producer and it is very necessary for the consumer to be conscious because if the consumer will conscious then he or she will be able to choose the good whatever he or she want to purchase. A consumer must be always aware about their rights.
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