In what different ways consumers are exploited in Marketplace and how we can prevent them to be exploited?
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CONSUMERS ARE BEING EXPLOITED IN THE MARKET PLACE IN DIFFERENT WAYS:
1)UNDER WEIGHING.MANY DISHONEST SHOPKEEPERS WEIGH LESS THAN THEY SHOULD.
2)ADULTERATION.AT TIMES ADULTERATED OR DEFECTIVE GOODS ARE SOLD IN THE MARKET.
3)ADDITIONAL CHARGES.SOMETIMES TRADERS ADD CHARGES THAT WERE NOT MENTIONED BEFORE.
PLS MARK IT AS BRAINLIEST!!
1)UNDER WEIGHING.MANY DISHONEST SHOPKEEPERS WEIGH LESS THAN THEY SHOULD.
2)ADULTERATION.AT TIMES ADULTERATED OR DEFECTIVE GOODS ARE SOLD IN THE MARKET.
3)ADDITIONAL CHARGES.SOMETIMES TRADERS ADD CHARGES THAT WERE NOT MENTIONED BEFORE.
PLS MARK IT AS BRAINLIEST!!
Anonymous:
hi Anushka thanks for your answer
Answered by
1
There are various ways in which a consumer gets exploited, few of which are mentioned below:
1. High Prices
Very often traders charge high prices from their consumers than the prescribed retail price.
2. Fake goods
It may sometimes happen that traders sell fake or duplicate goods in the name of genuine goods.
3. Substandard quality
The traders may cheat the consumers by degrading the quality of the product and selling those in the market like expired products, defective items.
4. Underweight and Under-measurements
The weight of the product that is being old may not be weighted correctly.
5. Impure and adulterated food items
Edible items like oil, ghee, and spices adulteration is made in order to earn higher profits. It causes huge damage to the consumers both financially and physically spoiling their health.
6. Lack of safety devices
Electronic goods may not be well equipped with proper safety measurements. This may cause accidents to consumers.
7. Incomplete information
Sometimes wrong information may be provided by the sellers which misleads the consumers. It may be in terms of price, quality, expiry date, reliability, life cycle, durability, effects on health, safety and security, terms and conditions of the product.
8. Unsatisfactory after-sale service
Many of the high cost durable items such as cars, electronic goods, home appliances require adequate after-sale service. The suppliers do not provide proper after-sale service which dissatisfies the consumers.
9. Environmental hazards
The suppliers may cause environmental hazards like air, noise, water pollution which poses environmental threats to the consumers.
1. High Prices
Very often traders charge high prices from their consumers than the prescribed retail price.
2. Fake goods
It may sometimes happen that traders sell fake or duplicate goods in the name of genuine goods.
3. Substandard quality
The traders may cheat the consumers by degrading the quality of the product and selling those in the market like expired products, defective items.
4. Underweight and Under-measurements
The weight of the product that is being old may not be weighted correctly.
5. Impure and adulterated food items
Edible items like oil, ghee, and spices adulteration is made in order to earn higher profits. It causes huge damage to the consumers both financially and physically spoiling their health.
6. Lack of safety devices
Electronic goods may not be well equipped with proper safety measurements. This may cause accidents to consumers.
7. Incomplete information
Sometimes wrong information may be provided by the sellers which misleads the consumers. It may be in terms of price, quality, expiry date, reliability, life cycle, durability, effects on health, safety and security, terms and conditions of the product.
8. Unsatisfactory after-sale service
Many of the high cost durable items such as cars, electronic goods, home appliances require adequate after-sale service. The suppliers do not provide proper after-sale service which dissatisfies the consumers.
9. Environmental hazards
The suppliers may cause environmental hazards like air, noise, water pollution which poses environmental threats to the consumers.
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