IGNOU CFN 3 2018 - What are the different agencies providing consumer education? Discuss

Question

What are the different agencies providing consumer education? Discuss briefly.

07 Mar 2018

Answer :

Word Count : 374

Consumer education helps the consumer in many ways in protecting himself from the malpractices of the seller and in making judicious purchases. Let us see what the advantages of consumer education are

1. Consumer education helps a person in making proper purchase. It enables the consumer in making right selection.

2. Consumer education familiarizes the consumer with the problems which he faces while making purchases. This education inculcates the logical viewpoint in him.

3. Consumer education provides the consumer full information of marketing conditions like various sources of purchasing a particular commodity, from where to get cheap and best goods, the shops providing additional facilities, and to latest products. All these information enables him in taking right decision regarding shopping.

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