Mention a few factors which cause exploitation of consumers?
Answers
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.
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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