How Are Indian Consumers Exploited- 1.DECEPTIVE SELLING PRACTICES, 2.FALSE AND MISLEADING ADVERTISEMENTS, 3. Exorbitant prices of products
Question:
How Are Indian Consumers Exploited-
1.DECEPTIVE SELLING PRACTICES,
2.FALSE AND MISLEADING ADVERTISEMENTS,
3. Exorbitant prices of products and services
4.DEFECTIVE QUALNY, HIGHER PRICES,
5.SALE OF HAZARDOUS PRODUCTS TO IGNORANT CONSUMERS,
6. SUPPRESSION OF MATERIAL INFORMATION,
7. FALSE PRODUCT DIFFERENTIATION,
8.PRODUCERS'/SELLERS' COLLUSION,
9.SUPPLY OF ADULTERATED AND SUBSTANDARD PRODUCTS
10.CHEATING CONSUMERS BY GIVING LESSER QUANTITY FOR THE PRICE,
11.DISHONOURED GUARANTEES AND WARRANTIES,
12.POOR REDRESSAL OF CUSTOMERS' GENUINE GRIEVANCES,
13.MAKING CONSUMER BUY UNWANTED GOODS, CREATING A SCARE OUT OF SCARCITY,
14.MISLEADING REPRESÈNTATION ON UTILITY OF PRODUCTS,
15.MANIPULATING CONDMONS OF DELIVERY,
16.CUSTOMERS PAY FOR NUMEROUS INTERMEDIARIES,
17. FALL IN PRICES -NEVER PASSED TO CONSUMERS,
18.BUYING UNAFFORDABLE GOODS,
19.ADVERTISEMENT COST,
20. COUNTERFEITS CONSTITUTE SUBSTANTIAL QUANTITY OF GOODS IN STORE SHELVES,
21.HOARDING AND BLACK-MARKETING,
22.TIE-IN-SALES,
23.GIFTS FOR PRODUCTS/SERVICES
Explain this factor in your own word.
Expert Answer:
There are many ways in which Indian consumers are exploited Some of the most common ways include deceptive selling practices false and misleading adve... View the full answer
