Consumers, Consumption and Satisfaction

Q.

Fill in the blanks.

Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because _____________. While consumers have more choices in the market, the effect of rising _______________ and ______________has meant greater ________________among the producers.

Q. is the satisfaction of human wants through goods and services.

1. Exploitation
2. Consumption
3. Consumerism
4. Socialism

Q.

What Is the Difference Between Consumer and Customer With an Example?

Q. Tina bought some vegetables from the local market for her mother. In the market, who is she?

1. A producer
2. A consumer
3. A trader
4. A supplier

Q.

What is the difference between a consumer and a customer?

Q. is the process of mixing pure and impure products to increase profit.

1. Adulteration
2. Consumption
3. Hoarding

Q. Which of the following are the activities of a consumer?

1. Buying tickets for a movie
2. Purchasing clothes from a mall
3. Produce clothes for a mall
4. Having a meal in a hotel

Q. Which of the following are some parameters used to maximise consumer satisfaction?

1. Price of the product
2. Availability of the product
3. Quality of the product
4. Worthiness of the product

Q. Which among the following defines adulteration?

1. Selling defective items.
2. Sale of harmful products.
3. Diminishing quality of food by mixing cheap materials.
4. Underweight measurement of goods.