Why is Consumers protection important in business

Mastergp

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A consumer is an individual who makes the final use of goods and services provided by a firm.
Therefore, consumers protection can be seen as the Various ways and methods adopted by the government and private organization to ensure that consumers are not cheated or exploited by the producers and middlemen and that they derive maximum satisfaction from the consumption of goods and services they pay for.

Consumers protection endeavors to protect the consumer against the exploitation by unscrupulous sellers who may not want to offer false credit facilities,low quality and harmful goods, deceptive weights and measures. The protection of consumers is more enhance in advanced countries than in undeveloped countries. Why they need to be protected:

Misleading and false advertisement:
The claim of some advertisers about their product may be deceptive, hence the consumers need adequate and correct information to make the right choice

Protection against harmful and dangerous goods:
They should be protected against cancerous goods or goods which may be harmful. This will ensure that goods offered for sales are safe and Uncontaminated.
 
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