Consumer Protection and Commerce

Under consumer awareness, a consumer is well informed about his rights and the reliefs available to him, is in a a position to raise his voice against any unfair trade practices or unscrupulous exploitation. Consumer awareness is of utmost necessary to uphold the rights of the consumers.

The Consumer Protection Act, 1986 provides for three- tier machinery at the district, state and national levels for redressal of consumer grievances. The most important regulation which provide protection to consumers is the Consumer Protection Act. This Act helps to protect the interests and rights of the consumers. It also helps to prevent the fraudulent practices in the market place.

Business is not a way of consumer protection. It is not a way to uphold the interests and rights of the consumers. Business can be defined as an activity where buying and selling take place on a daily basis.

Consumer's market is a type of buyer' market as in this market people buys goods mainly for the consumption purpose. Consumer refers to a person who consumes goods with his given income and prices of the goods and buyer is a person who buys the goods.

Distribution channel aims of moving products from producer to ultimate consumer. Distribution channel refers to the pathway of several persons by which the finished goods get transferred to the final consumer. Wholesaler is an agent of the distribution channel of the products.

Handloom societies are formed by weavers who pool their resources to produce and sell goods collectively, making them producers' co-operative societies. These organizations help individual artisans compete more effectively in the market.

Branded products are mostly expensive. There are certain brands in clothing, cosmetics, vehicles etc which are very costly. Many people cannot effort such branded products because of their financial condition. They rather satisfy for a cheap product that fulfils their needs.

Consumers protection has a wide agenda. It not only includes educating consumers about their right  and responsibilities, but also helps in getting their grievances reddened.

A consumer is a person who purchases/buys any goods or services for his personal use that is not for further selling them or manufacturing. The consumer pays price for the product or service he purchases.

An individual who buys products or services for personal use and not for manufacture or resale. A consumer is someone who can make the decision whether or not to purchase an item at the store, and someone who can be influenced by marketing and advertisements. Anytime someone goes to a store and purchases a toy, shirt, beverage, or anything else, they are making that decision as a consumer.

Right to Choose means the right to be assured, wherever possible of access to a variety of goods and services at competitive price. According to this right, every consumer has the right to choose the goods or services of his or her likings. The right to choose means an assurance of availability, ability and access to a variety of products and services at competitive price and competitive price means just or fair price. The producer or supplier or retailer should not force the customer to buy a particular brand only. The consumer should be free to choose the most suitable product from his point of view.

From the question we are going to form frequency table :

E commerce (e-commerce) or electronic commerce, a subset of e-business, is the purchasing, selling and exchanging of goods and services over computer networks.

Electronic commerce refers to pursuing commerce activities i.e. buying and selling of goods over an electronic network typically,  internet. Here transactions are carried out using files, data having visual effects, sounds, animation etc.

E-commerce or electronic commerce refers to the buying and selling of goods and services over an electronic platform such as intra-nets, extra nets and Internet to conduct a company's business.