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Usually, consumer awareness brings good things, such as increased attention for a product or service. One possible disadvantage could be that too much exposure may lead to an unbalanced supply and demand situation.

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9y ago
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telugu dost

Lvl 2
2y ago

The demerits involve many legal issues with sellers and spending too much time going through the standards.

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Q: What are the disadvantages of consumer awareness?
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What is consumer awareness and its needs?

Consumer awareness is the knowlege that a consumer should have about his/her legal rights and duties.It is must for a consumer to follow these rights.It is implemented fr the protection of the consumer,so that the consumer is not exploited by the seller of the products.


What is exact definition of consumer awareness?

consumer awareness is the knowlege that a consumer should have about his/her legal rights and duties.It is must for a consumer to follow these rights.It is implemented fr the protection of the consumer,so that the consumer is not exploited by the seller of the products.


Importance of consumer awareness?

Consumer awareness is making the consumer aware of His/Her rights.It is in a consumer's best interest to have a high awareness of the products he/she buys. Higher awareness can lead to saving money and/or improving the quality of the goods purchased.If we look at the opposite scenario, a poorly-informed consumer will spend more money on products that provide less utility to the consumer, and there can be a loss, either private or social.


Who founded the Consumer Awareness Institute?

Dr. Jon Tyler was the person who founded the Consumer Awareness Institute. IT was set up in late 1970's. Its purpose is to research on consumer's issues.


What is Bibliography for consumer awareness?

A bibliography for consumer awareness would be a list of sources consulted when researching topics related to consumer rights, protection, and education. This could include books, academic articles, reports, websites, and other relevant materials that provide information on consumer issues and awareness campaigns.


What is a good questionnaire topic?

consumer awareness


What is an analysis of data in consumer awareness?

Companies can use this to see how much consumers know about them. It is important to have high consumer awareness in order to sell products.


What is changing consumer awawerness amongst household?

What is changing consumer awareness amongst household


Definition of consumer awareness?

Consumer awareness is being aware of the product and company you are buying or buying from. It is doing your research before you buy a particular product or service.


What are the Measures to increase consumer awareness?

sorry i donno