CONSUMERISM

WHAT IS CONSUMERISM?

This is the consumption of resources by the people. We can also say this as the organized movement of citizen and the government. It also improves the power of the buyers in relation with the sellers.

The rights of the sellers include

1. THE RIGHT TO INTRODUCE ANY PRODUCT

2. THE RIGHT TO CHARGE ANY PRICE

3. THE RIGHT TO PROMOTE THE PRODUCT.

4. THE RIGHT TO USE INCENTIVES TO PROMOTE THE PRODUCT.

The buyer rights are

1. The right to buy or not to buy.

2. The right to expect the product to be safe

3. The right to expect the product to perform as claimed.