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people throwing things out that are perfectly useful to buy a replacement with marginal differences

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Q: What is meant by dark side of consumer behavior?
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Does demand rise as the prise rises according to the law of supply?

Come to the dark side! We have cookies!!!! =) ****** wuz here!!! =)


What is the definition of corporate sector?

A Corporate Sector is a section of society consisting of Companies/Industries/Business Houses. They are the industrial development side of our society. They contribute to National Income Generation, Infrastructural Growth and Development of the Economy. They represent the Producer side of Economy and we represent the Consumer Side of Economy, We consume what they produce ( services included). They generate income, we help them generate the same. The y foster regional- national- societal growth, we enable them achieve their goals.


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.


Why do people study economics?

1. To learn how to distribute scarce resources efficiently. 2. To understand how the market will react to certain actions (Both on the consumer side and supplier side). 3. Help make predictions as to when prices increase/decrease. 4. Find out how to minimize your costs and maximize your profits/benefits/outputs. 5. Be able to figure out how to work at the margin. 6. Help make rational decisions.


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.

Related questions

Why did the design team at Entenmanns choose to show a vertical donut with a bite taken out?

This ugly picture of a doughnut balanced upright on its side is meant to entice the consumer to buy the product.


Is Dark Link the same person as Link?

yes and no dark link represents the evil side to normal link meaning that everyone has a dark side or dark side


Why did the chancellor wanted to go to the dark side?

The chancellor was on the dark side anyway


When was The Dark Side of Midnight created?

The Dark Side of Midnight was created in 1984.


When was The Dark Side of the Moonnezz created?

The Dark Side of the Moonnezz was created in 2003.


When was Dark Side of the Chant created?

Dark Side of the Chant was created in 2010.


What lives on the dark side of the moon?

Nothing. There is no life on the moon, dark side or light side.


Is dark side a noun?

Yes, the term 'dark side' is a compound noun, a combination of the adjective 'dark' and the noun 'side' that forms a noun with a meaning of its own.


Is there life on the dark side of moon?

There is no life anywhere on the moon - light or dark side.


What is the duration of The Dark Side of Midnight?

The duration of The Dark Side of Midnight is 1.48 hours.


What is the duration of Taxi to the Dark Side?

The duration of Taxi to the Dark Side is 1.77 hours.


When was Dark Side of the Morgue created?

Dark Side of the Morgue was created in 2009-03.