Government benchmarks requires companies to disclose what is previously viewed as private information to the consumer. An example is companies selling food that have genetically been modified.
by alerting the public and the government to fraudulent companies
Promotion is common for all other Ps. Promotion is creating awareness. Let it be product, price or place, consumers should know that they are available. Hence all other Ps are dependant on promotion, ie. creating awareness.
The U.S. government does not evaluate claims between rival companies.
The aims of consumer awareness include educating individuals about their rights and responsibilities as consumers, ensuring they can make informed choices about products and services. It seeks to empower consumers to recognize misleading advertising and fraudulent practices, ultimately promoting fair trade and ethical business practices. By fostering a well-informed consumer base, it also encourages competition among businesses, leading to better quality products and services.
Consumers benefit from marketing activities in several ways. First, marketing informs them about new products and services, helping them make informed purchasing decisions. Second, it promotes competition among businesses, which can lead to better quality products and lower prices. Lastly, marketing creates awareness about promotions and discounts, enabling consumers to take advantage of savings opportunities.
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.
Consumers should be aware of what they are buying. Awareness is important with chemicals and when buying food with allergy properties.
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.
LINPACK benchmarks was created in 1979.
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.
Most advertisements are good for consumers as they serve as a source of awareness. Some advertisements have been criticized on moral grounds and on other aspects.
To sum up just include the following:1. The consumers are generally not aware of their rights and duties.2. This allows the producers to cheat the consumers and gain profit.3. The government does very little to make the consumer aware.4. The court procedures take a very long time and money required.5. The consumers often forget to obtain a cash memo of the purchase.etc....You may expand on the above hints...Read more: [[Q/Conclusion on consumer awareness#ixzz16DA0cjZ8|Conclusion_on_consumer_awareness]]
Consumers,Businessmen, and the government.............
How did Upton Sinclair contribute to involving the federal government in protecting consumers?
consumers and producers
Deciding what goods consumers buy.
meaures governments put in place to protect consumers from abuse