Question

What is consumer exploitation ? In what way are the consumers exploited in the market place?

Answer 1

hope this will help u

Answer 2

Some of the common methods adopted by the manufacturers and traders to exploit the consumer are as follows:

1. Underweight or under-measurement

2. Goods or services of substandard quality

3. Overpricing

4. Articles harmful for health

5. Unsatisfactory after-sales services

6. Sale not in accordance with predetermined conditions

7. Scarcity in service sector.

8. Rough behaviour with the consumer and undue conditions

9. Cheating in choice

10. Faulty equipments

11. Artificial scarcity

12. Incomplete or insufficient information.