“To what extent are a consumers rights protected under the law? Are there any factors that might limit a consumers ability to exercise their rights?” Every day billions of dollars are spent on everyday items such as cars and clothes and with so many transactions occurring it is important we have laws to protect us. Everything we buy has its own contract containing either or both of implied or expressed term. The Implied terms may be in form of certain conditions or warranties and without implied
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and ease of access to susceptible information. Privacy can effortlessly be violated when information is stored in databases and shared over networks. Ethical problems due to advances in IT call for the creation of new acts to protect consumers. The Telephone Consumer Protection Act (TCPA) of 1991 and the Do Not Call Implementation Act of 2003 are two perfect examples of Acts being created as direct results of IT advancements coupled with ethical issues. What were the advances in information technology
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Negative Consumer Behavior To fully understand what negative consumer behavior is and what makes a bad customer‚ we first have to understand what "consumer behavior" is. In their book‚ "Consumer Behavior: Concepts and Strategies‚" Berkman and Gilson (1981) say that the American Cultural System‚ which is made of values and artifacts‚ strongly influences consumer activity in the United States. "In the twentieth century‚ American Culture reflected a distinct consumption ethic based upon affluence
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Consumer Price index- has absolutely no impact on prices‚ it will not change prices! Possible reasons for it to be inaccurate: 1) New products and technology- tendency to lag the advantage of a new technology. By the time they start incorporation the price it is already cheaper‚ but they use the higher price. This can cause a problem. 2) Quality of products changes- You may be getting more for your money. This can be a negative thing to because you could end up paying for things
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Consumer Centric e-Commerce Business Models in India Article by : Atul Jain Batch : IIFT (IB) PT 2016 Roll No. 12 Designation : Associate Vice President Company : Net Distribution Services Pvt. Ltd. Executive Summary E-Commerce in India is rising at a fast pace but in reality it is still far behind that of China in the present scenario. However‚ within the country‚ it is growing at a fast pace as compared to other industries in India. With more and more players entering the e-Commerce
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SUMMER PROJECT REPORT “Study on increasing market share by understanding Consumer Perception”. ORIENTAL CUISINES PVT LTD THE FRENCH LOAF Submitted in partial fulfillment of the requirement of post graduate degree of Master of Business Administration Prepared By Rajalakshmi.K Amrita School of Business‚ Amrita Vishwa Vidyapeetam‚ Bangalore Under the guidance of Mr.Ramesh Kamath Chief Operating Officer‚ OCPL Dr.Pooja Sharma Professor‚ Marketing Amrita School of Business Acknowledgement
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Consumer and Market Insights: Skincare Market in Germany Released On 4th December 2014 Summary Consumer and Market Insights: Skincare Market in the Germany provides an overview of the market‚ analyzing market data‚ demographic consumption patterns within the category‚ and the key consumer trends driving consumption. The report highlights innovative new product development that effectively targets the most pertinent consumer need states‚ and offers strategic recommendations to capitalize on evolving
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Marketing Case Study (2) Godrej ChotuKool: A Cooling Solution for Mass Markets Q.1. Assess the business scenario for ChotuKool? What are the critical success factors for this product to succeed? ChotuKool falls in to the business of refrigeration‚ to understand the business better let us understand the overall refrigeration business But before that lets looks at the consumer durable market‚ the consumer durable market consists of products from watches to fans. With the help of the below mentioned
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Consumer Behavior Topic 10 Personal Influence: Reference Group and Opinion Leadership Reference Groups – use other people as a frame of reference. Primary groups are intimate‚ face-to-face such as family and peer groups. Informal primary groups include family and peer groups. Formal groups are highly defined in structure‚ interact frequently‚ such a school groups‚ business groups and work groups. Primary groups are more important to you. Secondary groups are seen less frequently. Informal
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Global Consumer Motion Sensors Market 2014-2018 Sensors are devices that detect and respond to a signal or a physical condition. The different types of sensors include temperature sensors‚ monitor sensors‚ and pressure sensors. Motion sensors are designed to detect any physical movement. Consumer motion sensors are sensor devices integrated in consumer electronics such as cellphones‚ tablets‚ gaming consoles‚ laptops‚ and cameras. In consumer electronics‚ motion sensors are found in many applications
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