Identify the reasons behind consumer exploitation.
A
Satisfactory sales
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B
Ignorance of consumers
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C
Lack of legal knowledge
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D
Lack of consumer awareness
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Solution
The correct option is D Lack of consumer awareness A consumer is exploited because of the following reasons:
a) Ignorance of consumers about exploitation prevents him/her from addressing the issues.
b) A lack of legal knowledge prevents consumers from seeking redressal.
c) A lack of consumer awareness refrains the consumer from voicing the issue.
d) Unsatisfactory sales leading to losses and by exploitation producers to increase their profits.