Who is a Consumer?
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Answers
Explanation:
The definition of a consumer is a person that buys goods and services.
Example :-
A person who purchases a new television.
Any individual who buys a product or service for his personal use is called a Consumer. Consumer are the decision makers who decide which product they want to buy, why do they buy and from which store they will make their purchases. Consumers buy products after being influenced by advertisement and marketing. Every time someone goes to a store and buys a shirt, toy, beverage or anything else, they make a decision as a consumer.
Consumer participate in the market place by purchasing final goods and services as per their requirements. However, consumers are exploited in the market place because they do not insist on their rights.
Thus, being a consumer it is our responsibility to speak out and inform manufacturers and government about our needs and wants and to make complain or inform business alongwith other people about discontentment with a product or service in an honest way. There should be responsibility of being an ethical consumer and be fair and not engage in any kind of malpractices which make all consumers pay.