0 votes
in General Knowledge by (278k points)
Mention a few factors which cause exploitation of consumers.

1 Answer

0 votes
by (278k points)
Best answer
Factors which cause exploitation of consumers are:

1.       Lack of awareness of consumer rights among buyers.

2.       Improper and inadequate monitoring of rules and regulations.

3.       Individual purchase quantity is quite small.

4.       Consumers are scattered over large areas.

5.       Lack of awareness among consumers.

6.       Greed of businessperson.

7.       Lax enforcement of rules.

8.       Slow and time taking process of consumer grievance redressal.
Welcome to the Answerine , a great place to find, read and share your favorite questions and answers.