Dishonest Manipulation In Consumer Behavior

856 Words4 Pages
In the present-day globalized world, products can be manufactured in one continent for potential consumers in another continent. Advancements in transport and communication have enabled corporations to venture into the international commerce, which is regarded as lucrative and highly profitable. Still, the implications of international trade have placed the ordinary consumer in a dire situation, especially in instances where the product bought is defective or substandard. The inherent disparity in bargaining power between multinationals and average consumers have led to the development of a raft of domestic and international laws aimed at protecting consumers. However, policy and legal frameworks cannot guarantee an all-encompassing protection…show more content…
With the development of transport and communication, it became possible to ferry goods manufactured in one continent across the seas for consumption in another continent. In effect, it became difficult for consumers to retain direct lines of communication with the people who were responsible for the production of the goods. With time, governments developed different mechanisms to protect consumers from dishonest practices from…show more content…
Moreover, not every aspect of a seemingly unfair term in a consumer contract can be regarded as dishonest manipulation on the part of the offeror of the goods or service. There are several advantages of having some knowledge of any pending transaction. Firstly, an informed will be better placed to discover the possible loopholes in a contract that may impose some biased obligation on the consumer. Secondly, being informed as a consumer is that the purchaser of any service will be able to high quality investments in terms of financial resources and time. This can be achieved through the consideration of available options concerning quality, prices, or warranties. Thirdly, a consumer who is knowledgeable about a particular product or service can make investments that are innocuous, and durable. In effect, the resultant investment can be construed as responsible or less costly. Fourthly, being informed about the origin of goods can help a consumer to make a purchase based on ethical considerations. For instance, a savvy customer will refrain from buying products that appear to have illegally acquired before processing or those that were produced under circumstances that are considered unethical. All these advantages can only accrue to consumers if they are informed about the products
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