Economy, asked by iftikhar63, 8 months ago

Mention a few factors which cause exploitation of consumers? ​

Answers

Answered by deepakrdbg
1

Answer:

Factors which cause exploitation of consumers are

Explanation:

1.       Lack of awareness of consumer rights among buyers.

2.       Improper and inadequate monitoring of rules and regulations.

3.       Individual purchase quantity is quite small.

4.       Consumers are scattered over large areas.

5.       Lack of awareness among consumers.

6.       Greed of businessperson.

7.       Lax enforcement of rules.

8.       Slow and time taking process of consumer grievance redressal.

Answered by Ranjanachy777
0

Answer:

Hlo friends.....

Explanation:

*Lack of awareness of consumer rights among buyers.

*Improper and inadequate monitoring of rules and regulations.

*Individual purchase quantity is quite small.

*Consumers are scattered over large areas., etc

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