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Only when they are trading for their livelihood and not for making speculative profit.

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What is the needs of consumer?

Consumers are always exploited by traders and sellers. Consumer awareness is needed to prevent the exploitation of consumers by traders and manufacturers. Consumers must also be made aware of their rights and duties.


Introduction for consumer awareness?

Consumers are always exploited by traders and sellers. Consumer awareness is needed to prevent the exploitation of consumers by traders and manufacturers. Consumers must also be made aware of their rights and duties.


How does consumers affect business?

(1) Protection from Unsafe Products: An important object of consumer movement is, the united fight of consumers against harmful and unsafe products produced by manufacturers and sold by traders. The examples of such products are medicines causing side effects, sold without any written warning, sale of stale products, etc. (2) Protection against Unfair Trade Practices: Businessmen do various unfair trade practices like overcharging the customers, using inaccurate weight and measures, selling inferior quality goods, resorting to black marketing, etc. Consumer movement protects the consumers from such malpractices. (3) Protection Against Pollution: Due to consumer movement, business organizations are under pressure to take the necessary measures to control air, water and noise pollution. (4) Bringing Consumers Together: It was very easy for business organizations to exploit unorganized customers. However, due to consumer movement, customers are collectively fighting for their rights. Thus, consumer movement has succeeded in uniting and getting a fair deal for consumers from the business world. (5) Control on Monopolistic & Restrictive Trade Practices: Many Laws and Acts have been introduced to protect the interest of consumers against monopolistic and restrictive trade practices of businessmen. (6) Creating Consumer Awareness: Consumer movement creates awareness among consumers and educate them through lectures, seminar, workshops, media, public meetings, etc. regarding consumer rights. (7) Timely Supply of Essential Commodities: Consumer movement has made it possible for consumers to form Consumer Co-operative Societies for production and distribution of essential commodities on co-operative basis so as to ensure their regular supply at reasonable prices. (8) Right to get After Sale Service: After sale service is provided by manufacturers and sellers to the customer even after effecting sales. Seller must provide after sale services in case of consumer durable products. The seller is supposed to undertake free repairs and maintenance of products sold during the warranty period. The awareness about this right of consumers has been brought through consumer movement. (9) Pressure on Government: Since consumers are now united, they are able to exert pressure on the government to enact various laws and introduce measures for consumer protection. (10) Link between Consumers and Business Community: Various consumers, by passing on consumer grievances, their suggestions, etc to business organizations are getting justice for consumers. (11) Legal Help: Various consumer protection associations helps the consumer to get their complaints against malpractices of traders, redressed through Consumer Disputes Redressal Agencies or Civil Courts.


How does consumer movement affect business?

(1) Protection from Unsafe Products: An important object of consumer movement is, the united fight of consumers against harmful and unsafe products produced by manufacturers and sold by traders. The examples of such products are medicines causing side effects, sold without any written warning, sale of stale products, etc. (2) Protection against Unfair Trade Practices: Businessmen do various unfair trade practices like overcharging the customers, using inaccurate weight and measures, selling inferior quality goods, resorting to black marketing, etc. Consumer movement protects the consumers from such malpractices. (3) Protection Against Pollution: Due to consumer movement, business organizations are under pressure to take the necessary measures to control air, water and noise pollution. (4) Bringing Consumers Together: It was very easy for business organizations to exploit unorganized customers. However, due to consumer movement, customers are collectively fighting for their rights. Thus, consumer movement has succeeded in uniting and getting a fair deal for consumers from the business world. (5) Control on Monopolistic & Restrictive Trade Practices: Many Laws and Acts have been introduced to protect the interest of consumers against monopolistic and restrictive trade practices of businessmen. (6) Creating Consumer Awareness: Consumer movement creates awareness among consumers and educate them through lectures, seminar, workshops, media, public meetings, etc. regarding consumer rights. (7) Timely Supply of Essential Commodities: Consumer movement has made it possible for consumers to form Consumer Co-operative Societies for production and distribution of essential commodities on co-operative basis so as to ensure their regular supply at reasonable prices. (8) Right to get After Sale Service: After sale service is provided by manufacturers and sellers to the customer even after effecting sales. Seller must provide after sale services in case of consumer durable products. The seller is supposed to undertake free repairs and maintenance of products sold during the warranty period. The awareness about this right of consumers has been brought through consumer movement. (9) Pressure on Government: Since consumers are now united, they are able to exert pressure on the government to enact various laws and introduce measures for consumer protection. (10) Link between Consumers and Business Community: Various consumers, by passing on consumer grievances, their suggestions, etc to business organizations are getting justice for consumers. (11) Legal Help: Various consumer protection associations helps the consumer to get their complaints against malpractices of traders, redressed through Consumer Disputes Redressal Agencies or Civil Courts.


What are objectives of consumerism?

1. To restore the balance between buyer seller realations in the mkt.2.To protect and promote consumer citizen interests to safeguard consumers rights.3.To prevent consumer exploitation by unsucrouplour traders,4.To represent consumer interests before govt and pressurize govt to provide meaningful consumer protection by legislation.5 to collaborate with govt and business concerns for consumer protection.6.To under take programmes of consumer education,consumer information and comparative testing.


Organs of consumer protection?

Organs of consumer protection consist of various Consumer Forums formed at regional at state level to act as Watchdogs to protect customer interests,to act as advisor to show remedical measures against misdeeds done against customers by various bodies. They are the oxygen stimulus when the customers are helplessly victimized, cheated by unscrupulous traders,inactions by insurance cos, banks etc.


Mention a few factors which cause exploitation of consumers?

Exploitation of consumers in the marketplace happens in various ways. For example, sometimes traders indulge in unfair trade practices such as when shopkeepers weigh less than what they should or when traders add charges that were not mentioned before, or when adulterated/defective goods are sold. Thus these above are the factors which causes exploitation of consumers.


What group did Muhammad launch the first jihad against?

Caravan traders


What did the merchants and traders claim against parliament?

history study guide to huh


Why did tensions develop between Great Britain and China in the mid-19th century?

British traders refused to stop breaking Chinese laws against selling opium.


What are the causes of consumer exploitation?

1. Illiteracy and Ignorance: Consumers in India are mostly illiterate and ignorant. They do not understand their rights. A system is required to protect them from unscrupulous businessmen. 2. Unorganised Consumers: In India consumers are widely dispersed and are not united. They are at the mercy of businessmen. On the other hand, producers and traders are organized and powerful. 3. Spurious Goods: There is increasing supply of duplicate products. It is very difficult for an ordinary consumer to distinguish between a genuine product and its imitation. It is necessary to protect consumers from such exploitation by ensuring compliance with prescribed norms of quality and safety. 4. Deceptive Advertising: Some businessmen give misleading information about quality, safety and utility of products. Consumers are misled by false advertisement and do not know the real quality of advertised goods. A mechanism is needed to prevent misleading advertisements. 5. Malpractices of Businessmen: Fraudulent, unethical and monopolistic trade practices on the part of businessmen lead to exploitation of consumers. Consumers often get defective, inferior and substandard goods and poor service. Certain measures are required to protect the consumers against such malpractices. 6. Freedom of Enterprise: Businessmen must ensure satisfaction of consumers. In the long run, survival and growth of business is not possible without the support and goodwill of consumers. If business does not protect consumers' interests, Government intervention and regulatory measures will grow to curb unfair trade practices. 7. Legitimacy for Existence: Business exists to satisfy the needs and desires of consumers. Goods are produced with the purpose of selling them. Goods will, in the long run, sell only when they meet the needs of consumers. 8. Trusteeship: Businessmen are trustees of the society's wealth. Therefore, they should use this wealth for the benefit of people. source - enzine articles


How and why Islam terrorized the Mediterranean traders in the fifteenth century?

Not correct. Islam is always against terrorism. Refer to question below.