Question

key result of consumer awareness ​

Answer 1

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Answer 2

Key results of consumer awareness:

1. The effectiveness of consumer awareness is solely based on behavior.

2. Consumer awareness makes the consumer aware and prepares them for standing up for their rights against the illegal practice and other product related issues.

3. Enables the protection against the exploitation being done by the seller or manufacture based on price or other product-related measures.

4. The urban dwellers and rural dwellers have a different level of consumer awareness and hence needs a differential level of understanding too.

5. Thus the main key result of the consumer awareness is the smooth functioning of the market and hence assist in liberalization and globalization of the Indian economy.