Business Studies, asked by mrkwoledge7846, 11 months ago

State the importance and limitations of voluntary consumer organizations.

Answers

Answered by rishirajsharma197
0

Voluntary Consumer Organisations (VCOs) have an important role to ... In India in a federal structure, where there are twenty-eight states, each state has a ..... limitations and lack of public support are the two important problematic aspects

Answered by adventureisland
0

Consumer organizations founded voluntarily to preserve their rights and interests are known as voluntary consumer organizations.

Voluntary consumer organizations :

Consumer organizations founded voluntarily to preserve their rights and interests are known as voluntary consumer organizations.

     1. Gathering Data on Various Items

      2. These institutions gather and test samples of various products on a regular basis.

Importance of voluntary consumer organizations :

  • The Consumer Welfare Foundation's main goal is to strengthen India's consumer advocacy movement.
  • A vast network of Voluntary Consumer Organizations (VCOs) is dedicated to raising consumer awareness, strengthening consumer protection and welfare, and providing counseling, assistance, and mediation services.

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