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Mention a few factors which cause exploitation of consumers?
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Mention a few factors which cause exploitation of consumers? Related: ...
Factors which causes exploitation of consumers are mentioned below:
(i)Dishonesty and Malpractices: Over charges, hoarding, adulteration, black marketing, tampering weight and measures etc.
(ii)Negligence and false information: Negligence of doctors/surgeons and other staff members in the hospitals, negligence of principal/teachers in the school and negligence of government official in all public dealing offices cause exploitation of consumers.
(iii)Limited and false information about the goods or products is given to the consumers. As a result, consumers make a wrong choice and suffer loses.
(iv) Low literacy leads to consumer exploitation as they do not have complete knowledge about the products.
(v) If there is one or a few producers of a product, there is a possibility of manipulation in prices and supply.
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Mention a few factors which cause exploitation of consumers? Related: Short and Long Answer Questions - Chapter 5 - Indigo, Class 12, English Flamingo
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Mention a few factors which cause exploitation of consumers? Related: Short and Long Answer Questions - Chapter 5 - Indigo, Class 12, English Flamingo for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Mention a few factors which cause exploitation of consumers? Related: Short and Long Answer Questions - Chapter 5 - Indigo, Class 12, English Flamingo covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mention a few factors which cause exploitation of consumers? Related: Short and Long Answer Questions - Chapter 5 - Indigo, Class 12, English Flamingo.
Mention a few factors which cause exploitation of consumers? Related: Short and Long Answer Questions - Chapter 5 - Indigo, Class 12, English Flamingo for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Mention a few factors which cause exploitation of consumers? Related: Short and Long Answer Questions - Chapter 5 - Indigo, Class 12, English Flamingo covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mention a few factors which cause exploitation of consumers? Related: Short and Long Answer Questions - Chapter 5 - Indigo, Class 12, English Flamingo.
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