What are the different kinds of exploitation consumers face today?

Question

I need this for my 10 grade project (CBSE)

Answer 1

Different kinds of exploitation of consumers:
1. Price and quality not being matched.
2. Maximum retail price not printed on all packings
3. Not maintaining quality consisstently over a period
4. Making spares not available in the name of updated technology and forcing to buy a new one
5. Guarantees and warrantys not honoured in the pretext of mishandling
6. DOs and DONTs not mentioned at the time of purchase.
7. Poor aftersales service.
8. Product bias and not bringing out the quality of the other products
9. Procedure for complaints not adequately explained and making to run pillair to post.
10. Customer not advised in time of duplicates.
VR

Answer 2

One practice that ties into My_Two_Cents's comment in the retail industry is large outlets slashing prices to below profitable levels to force out competition, then raising prices to above market levels after the competition is eliminated. Your question is very broad, and a complete answer is probably a little beyond my personal knowledge or any single answer you are likely to get here, though it should be interesting to see how many responses you get. Good luck on your project!

Answer 3

The primary exploitation of consumers is by self serving consumer advocates. They use the sometimes foolish choices made by consumers as evidence of the need for additonal regulations and more political power for themselves.

In the end it is the consumers themselves that pay for increased regulation with higher prices and fewer choices.

Answer 4

1] adultration: tht is mixing of poisonous compoundz in the product

2] less weight: tht is using stones under the weighing balance to keep it heavy.

3] wrong information: giving wrong information about a product.

4] no warrentee or gaurentee card:to sell illegal goodz.

5] harassment by distributors:worse treatment to the consumers if asked about a purchased product

Answer 5

a more hidden level of exploitation involves the hidding of the social and environmental costs of their products. when a company sells a cheap, foreign made product, the consumer is unawear of the environmental costs assosciated with that production, and since the environment is not self contained, but fluid, we are all affected negativelly. similarilly, when american workers are paid unlivable wages, they affect the social welfare of the entire populace.

Answer 6

First of all most often they get confused with the false advertisement.
Then, the sellers often raise the price for no reason but just because there is a demand.

Answer 7

False pretense for raising prices.

For example, when there is a war the cost of gas goes up even if the supply doesn't go down.

Answer 8

One of them is that the manufacturers started using smaller cans for vegetables, and less ounces in detergent, and still charge the same prices.

Answer 9

I have an example :
When we go to any cinema , then they usually charge more for a cold drink then market price. rather big cinema owners change the thing , like now they don't sell cold drinks in botals and sell it in glasses . so you can't help it.

Answer 10

Informercials on TV claiming that with very little effort, anybody can get rich by using so-called "simple" techniques.