Preview

Consumer Awareness

Good Essays
Open Document
Open Document
281 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Consumer Awareness
THE PROCESS of development along with the expanding globalisation and liberalisation process has increased the number of consumer related issues. Consumer protection has earned an important place in the political, economic and social agendas of many nations. In India, the Government has taken many steps including legislative, to protect consumers.
Consumers get exploited in the market. They respond to advertisements and buy goods. Generally advertisements do not give all the information that a consumer needs to know or wants to know about a product.
Consumer awareness is making the consumer aware of His/Her rights. Consumer awareness is a marketing term. It means that consumers note or are aware of products or services, its characteristics and the other marketing P's (place to buy, price, and promotion). With the growth of private sector there is a greater need for discipline and regulation of the market. Consumers must be aware of the sale and purchase of goods, the health and security aspects also. Ensuring the safety of food items sold in the market is essential these days.
The consumer movement in India is as old as trade and commerce. Even in Kautilya’s Arthashastra, there are references to the concept of consumer protection against exploitation by the trade and industry with respect to quality, short weight and measurement, adulteration etc. Till recently, there was no organized and systematic movement for safeguarding the interests of consumers.

The ordinary citizen today depends on products, design and construction of which he or she may not understand. In this situation, reassurance is an over-riding need; reassurance that the product is reliable and will meet the expectations of the consumers in terms of performance, safety, durability

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Consumer protection is to protect buyer from the seller. Everyday of our lives we consume, use, or simply come into contact with countless different products. We should be able to assume that those products are safe. Not absolutely safe - that remains unattainable. The goods we buy have become increasingly more complex. Modern technology and mass-marketing techniques combined with high-pressure salesmanship and sharp advertising can confuse the consumer. It isn't always possible or practical to examine or test things before buying. This is a pre-packed, ready-processed age where the gap between producer and purchaser has widened enormously. Very few traders actually manufacture, pack, distribute and sell their own goods as there is usually a chain of other people involved…

    • 648 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Week 4 Assignment

    • 933 Words
    • 3 Pages

    The United States Government has consumer protection laws are put into place to protect the consumer from fraudulent or unfair business practices. Consumers also have the responsibilities and their rights. There are six specific rights that consumers are guaranteed. Consumer rights are a relatively new development and did not come to be until the 1950’s. Until the 1950’s consumers were on their own if they bought goods that were faulty or unsafe. In 1962 President John F. Kennedy made it official announced the creation of the first four consumer rights which he called the bill of consumer rights. He told Congress that those four rights that consumers should have were the right to be heard, the right to be informed, the right to safety and the right to choose. Later in 1985 the UN backed the bill of consumer rights and added four of their own to the list including the right to a healthy environment, the right to redress, the right to satisfaction of basic needs and the right to consumer education. Each of these consumer rights is in place today and every consumer should be educated as to what their rights are.…

    • 933 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The term "consumerism" is used to refer to the consumerist movement or consumer activism, which seeks to protect and inform consumers by requiring practices such as honest packaging and advertising, product guarantees, and improved safety standards. In this sense it is a movement or a set of policies aimed at regulating the products, services, methods, and standards of manufacturers, sellers, and advertisers in the interests of the buyer. Many facts can be considered as causes of consumerism such as advertisement, Easy access to credit card, a, lack of financial education, competition and showing oneself social, fashionable and up to date and many more.…

    • 1160 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Ethnic Consumer

    • 477 Words
    • 2 Pages

    With a growing economy and perpetually increasing the spending power of consumers with the rise of Indian middle class consumption had been increasing in the recent times. With more than 5000 towns and 70 percent of rural population, these semi-urban and rural markets had been the focus for many of the consumer product firms.…

    • 477 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Maggi Final Project

    • 626 Words
    • 3 Pages

    The present study is confined to a minimal sample size and may not reflect the opinion or response of the entire population in general. The results of our study are entirely confined tothe responses of the Delhi consumers and might deviate in terms of actual population as awhole.Recomendations given after the study are entirely dependent on the survey and thesecondary analysis done in the report.APPENDEX 1…

    • 626 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Shopping in India has witnessed a revolution with the change in the consumer buying behaviour and the whole format of shopping also altering. Industry of retail in India which has become modern can be seen from the fact that there are multi- stored malls, huge shopping centres, and sprawling complexes which offer food, shopping, and entertainment all under the same roof.…

    • 5724 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    Sometimes, the term "consumerism" is also used to refer to the consumerists movement, consumer protection or consumer activism, which seeks to protect and inform consumers by requiring such practices as honest packaging and advertising, product guarantees, and improved safety standards. In this sense it is a movement or a set of policies aimed at regulating the products, services, methods, and standards of manufacturers, sellers, and advertisers in the interests of the buyer.[2]…

    • 892 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    BIG BAZZAR

    • 1871 Words
    • 8 Pages

    the past decade. This paper aims at identifying the profile of this new Indian consumer, how they purchase,…

    • 1871 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    The Consumer Protection Act,1986 is a milestone in the history of socio-economic legislation in the country. It is one of the most progressive,comprehensive and unique pieces of legislation enacted for better protecting the interest of consumers by establishing forums for settlement of consumer disputes. All the provision of the Consumer Protection Act. 1986 came into force with effect from 1.7.1987 throughout the country except in the state of Jammu & Kashmir. The state of Jammu & Kashmir has enacted its own legislation in the field.…

    • 843 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Yes. counsumer is king in india. because consumer know what to buy what not to buy. they are educated. and laws also give protection to customer .consumer protection act is example. |…

    • 6555 Words
    • 27 Pages
    Good Essays
  • Good Essays

    Consumer Protection Act, 1986 is an act of Parliament of India enacted in 1986 to protect interests of consumers in India. It makes provision for the establishment of consumer councils and other authorities for the settlement of consumers' disputes and for matters connected therewith.…

    • 346 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Consumer Rights

    • 675 Words
    • 3 Pages

    Consumer rights were recognized broadly in many ancient Hindu, Islamic and Christian religious scriptures; however, no literary work formalized them into a concise set until the 1960s. Consumer rights in India and the modern world owe their origin to the consumer revolution of the pre-60s in the United States of America.On March 15, 1962, US President John F Kennedy made a historical speech about consumer rights as he introduced 'The Consumer Bill of Rights' in the US Congress. Ever since, countries all over the world have celebrated March 15 as the Consumers’ Day. However, in India December 24 is celebrated as the National Consumer Day since the Consumer Protection Act, 1986 was enacted on this day by the Indian Parliament.Kennedy strongly believed that it is vital to United States’ National Interest to ensure the welfare of the consumers, as it is the consumer who fundamentally drives the economy. He formulated four rights for consumers, namely the right to safety, right to choose, right to information and right to be heard which, in 1985, was accepted by the United Nations (UN). The UN added to this list the right to basic needs, right to representation, right to consumer education, and right to healthy environment. In the years since its creation in 1950 by the Constitution of India, the Union Parliament has passed several legislations that include consumer protection provisions in their body. The ambit of these provisions is restricted to the subject matter of these statutes, and they are enforceable through the trial courts. Failure on the part of any customer to show the statute was applicable meant that he had to then resort to tort / contract / fiduciary law for relief. An illustrative list of product specific legislations with consumer protection components is as below:a. Drugs Control Act, 1950…

    • 675 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Consumer Awareness

    • 3375 Words
    • 14 Pages

    All the people participate in the market either as consumer or seller or producer. Any person who buys a commodity or service for direct use or ownership. I, you, we all are consumers when we buy a product or service. But people who acquires goods or services for resale or use in production and manufacturing cannot be considered consumer.…

    • 3375 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    However, this is largely unknown to many citizens irrespective of whether they are educated or uneducated. With an enormous population along with high levels of poverty, unemployment and poor literacy levels, consumer awareness continues to remain low. Education is a life long process of constantly acquiring relevant information, knowledge and skills. Consumer education is an important part of this process and is a basic consumer right that must be introduced at the school level. Consumers by definition include all citizens who are, by and large the biggest group, who are affected by almost all government, public or private decisions. The most important step in consumer education is awareness of consumer rights. However, consumer education is incomplete without the responsibilities and duties of consumers, and this influences individual behaviour to a great extent. With the increasing changes in economic conditions, the children especially are becoming young consumers at an early age. Children must learn to obtain information about goods and services, understand the psychology of selling and advertising, learn to shop wisely and distinguish between wants and needs. They must also understand the alternatives of conserving and saving rather than buying and consuming.…

    • 653 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Consumer Awareness

    • 683 Words
    • 2 Pages

    The gradual development under the scopes offered by globalisation and liberal economy has increased the number of consumer related issues. Consumer protection has earned an important place in the political, economic and social agendas of many nations.India is potentially the largest upcoming market with consumer habits encouraging for the manufacturer.But a liberal economy brings with it its share of worries for the unaware consumer.Manufacturers are not often concerned about the quality of goods and services and their impact on the health of people and the environment. Instead of the consumer guiding the producer about what should be produced, it is the producer who decides what the consumer should want.Advertising doubles the problem making the people gullible and luring them to buy products without complete information.It becomes imperative that we teach our consumers to be aware as liberal economy is fastly replacing old models.…

    • 683 Words
    • 2 Pages
    Good Essays