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Consumer Affairs
 

Consumer Affairs

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Brief presentation on consumer exploitation

Brief presentation on consumer exploitation

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    Consumer Affairs Consumer Affairs Presentation Transcript

    • This presentation is to be used solely for educational
      purposes no attempt should be made to profit from it.
      The presentation is a combination of the author’s own
      work and information taken from R. Ramsawak’s
      Modules in Social Studies.
      Presented by: Mr. D. Gooden
    • Consumer Affairs - Exploitation
      Presented by: Mr. D. Gooden
    • Beware
    • What is consumer exploitation?
      Consumer exploitation refers to the
      abuse of consumers’ rights and
      privileges for business or personal gain.
    • Let’s look at a conversation among some consumers
    • Now let’s examine the conversation closely
      Where in it do you see these
      ladies being exploited?
      What’s a guarantee?
      It is an assurance given that
      goods or services are of a
      specified quality standard.
    • How did these
      two consumers
      get exploited?
    • In order for consumers to avoid exploitation, they must be aware of the tricks used by unscrupulous people.
      BLACK-MARKETING
      This is a situation
      where goods with
      ceiling prices
      established by law are
      sold above the
      controlled price.
      HOARDING
      Prevalent where goods
      are in short supply.
      Scarce item are
      removed and sold only
      if a consumer buys
      above a certain
      amount.
    • In order for consumers to avoid exploitation, they must be aware of the tricks used by unscrupulous people.
      BAIT-AND-SWITCH
      A good is advertised –
      consumers are
      informed it is no
      longer in stock and
      persuaded to buy a
      substitute.
      LOSS - LEADERS
      Items are sold below
      the cost price –
      intention is to give the
      impression that that
      store sells all goods at
      a low price. However
      the other items are highly over - priced.
    • In order for consumers to avoid exploitation, they must be aware of the tricks used by unscrupulous people.
      FALSE SALES
      Offers of reduced
      prices on goods are
      strong inducements to
      customers to purchase
      items that they do
      not need.
      FALSE ADVETISING CLAIMS
      Special claims being
      made about certain
      products – consumers
      are tricked into buying
      only to find out later
      that the claims are
      not true.
    • THE END