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We will be discussing Consumer Protection laws in class. Years ago there were no such laws...

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Operations Management

We will be discussing Consumer Protection laws in class. Yearsago there were no such laws and consumers had to fend forthemselves. Discuss how you think these laws have (or maybe havenot) helped society and in what ways they should possibly beexpanded. It would be helpful to read Chapter 33 prior tocompleting this post.

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1 Protection from Exploitation Importance of the consumer protection is to safeguard the consumer from exploitation In the absence of consumer protection consumers were exploited in many ways eg sale of unsafe products adulteration and hoarding of goods using wrong weights and measures charging excessive prices and sale of inferior quality goods etc Through various Consumer Protection Acts business organizations are under pressure to keep away from exploiting consumers 2 Consumer Education Importance of consumer protection is to create awareness among consumers about their rights and responsibilities by organizing workshops and seminars and gives them confidence to take legal action against    See Answer
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