state the relation between consumer and consumer awareness.Any 3 pts
Answers
Answer:
Consumer Awareness is an act of making sure the buyer or consumer is aware of the information about products, goods, services, and consumers rights. Consumer awareness is important so that buyer can take the right decision and make the right choice.
Consumer Rights
Right to Safety- Before buying, a consumer can insist on the quality and guarantee of the goods. They should ideally purchase a certified product like ISI or AGMARK.
Right to Choose- Consumer should have the right to choose from a variety of goods and in a competitive price
Right to be informed- The buyers should be informed with all the necessary details of the product, make her/him act wise, and change the buying decision.
Consumer Responsibilities
Responsibility to be aware – A consumer has to be mindful of the safety and quality of products and services before purchasing.
Responsibility to think independently– Consumer should be well concerned about what they want and need and therefore make independent choices.
Responsibility to speak out- Buyer should be fearless to speak out their grievances and tell traders what they exactly want