Quick Answer: What Is Need For Consumer Protection?

What is the need for consumer protection explain?

Consumer Protection is important as consumers’ interests need to be safeguarded.

They are informed and ununited individuals who are often exploited by sellers.

They need to be protected from the unjust and unethical practices of the producers and traders.

What does consumer protection mean?

consumer protection law – Legal Definition

A state or federal law designed to protect consumers against improperly described, damaged, faulty, and dangerous goods and services as well as from unfair trade and credit practices.

What is the need for consumer awareness?

The need of consumer awareness is due to: (i) Selfishness of manufacturers and traders can go to any extent. (ii) Some unscrupulous traders began to play with the health of the nation by indulging in adulteration of edible oils, milk, butter, ghee, spurious medicine, etc.

How do you create consumer awareness?

Raise awareness using a very logical message. Give customers a solution to that problem in the second step. Get customer’s attention by presenting your solution as the best way to solve the respective problem. Present your product or brand as the best solution to the problem in the third stage.

What is the Consumer Protection Act 1987 summary?

The Consumer Protection Act 1987 is in place to hold manufacturers accountable for producing unsafe goods. It allows consumers to claim compensation if the defective product has caused personal injury, damage to property or death. Claims under the Act are generally brought against the product’s ‘producer’.

What are consumer benefits?

Customer benefits are reasons a product or service is valuable to a customer. This serves as a guideline for employees who are selling or representing the product to the customer. As such, customer benefits are restricted to those value propositions that customers recognize.

What are the basic rights of consumer?

The Consumer Bill of Rights pushed for by John F. Kennedy established four basic rights; the right to safety, the right to be informed, the right to choose, and the right to be heard.

Why consumer protection is needed?

Consumer protection is needed because of following:

We need physical protection of the consumer, for example protection against products that are unsafe or dangerous to his health and welfare. Consumer want protection against deceptive and unfair trade and market practices.

What are 5 consumer responsibilities?

Consumers have five responsibilities: critical awareness; action; social concern; environmental awareness; and solidarity. But generally speaking, the fundamental duty of every consumer is to know their rights.