answersLogoWhite

0

How to become an aware consumer?

Updated: 9/11/2023
User Avatar

Wiki User

15y ago

Best Answer

To make our country free from corruption, basically the unaccounted cash transactions should be avoided. For that the following system may be adopted. We welcome your valuable suggestions. In this system citizens of India above 12 years of age will receive a cell phone (identification instrument capable of data processing with the aid of network services and the master computer. It will be integrated with Global Positioning System.) with built in history card, camera and finger print scanner. Every citizen will be assigned with an identification number *** cell phone number with finger print details. Problems with the cell phone instrument will be immediately attended otherwise it will be replaced with another good working one with the same data drawn from the data bank of the master computer. Tourists from other countries will be given temporary instrument and their activities will be noted continuously. Children under 12 years of age have to be taken care by parents or guardians. Peoples are doing mistakes because they believe that nobody notices. The history card consists of the following details and will be operated automatically from master computer through reliable networking systems. 1.Name, 2. Family history, 3. Identification number *** contact cell phone number (even though a person changes his/her name the identification number will not be changed), 4. Credit amount in rupees, 5. Debit amount in rupees, 6. Details of each cash transaction, 7. Password protected transaction code, 8. Type of transaction (details of work done and charges, reason for the transaction), 9. Net income, 10. Net expenses, 11. Tax payable to government (will be deducted automatically during every transaction and will be adjusted with the net income every financial year). 12. Marital status, 13. No of crimes and cases against the person, 14. Rating. Fingerprint and camera makes secure transaction and security code avoids others interference in the system. The following are the advantages, later eliminates all the negatives in the country, 1. Reduces â€" corruption in all departments of government, private, public sector and other organizations, 2. Reduces - irregularities in calculating tax, 3. Reduces - tedious calculations in finding net income, 4. Reduces - the operating cost by reducing the manpower requirement where ever cash has been dealt (for example a conductor in bus, cashiers in bank can be utilized in another productive way), 5. Reduces - critical calculations in industries and inventory follow up, 6. Reduces - total control on unauthorized monetary and goods transaction, 7. Reduces - betraying, exploiting and cheating of innocent peoples, financial organizations through tricks, over commitment and magic, 8. Reduces and totally eliminates fake currencies and fake stamp papers, 9. Reduces - selling bad quality or duplicate products, 10. Reduces -sudden variations in market price through gambling, 11. Reduces - illicit commodities like country liquor, marijuana and other related things, 12. Reduces -selling low valued goods with higher price

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How to become an aware consumer?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do you become an aware consumer?

== ==


What do you mean by consumer awareness process?

It is the process to which you become aware of consumer buying and value assessment behaviors.


What are unsought goods?

unsought good is a new product that the consumer is not yet aware of it or a product that a consumer is aware of but not want right now.


What does consumer tastes mean?

a business must always be aware of the changing nature of consumer tastes.


What are the objectives of Consumer Protection Act?

The Consumer Protection Act protects consumer from fraud. It ensures that consumers are aware of harmful products on the market.


How do you make people aware about their self?

You cannot force someone to become self-aware. A person needs to choose to become self-aware. The best way to become self-aware is to meditate.


What is the role of teacher in inculcating value of consumer awareness?

Teacher herself has to be aware of rights and duties of consumer. While teaching about consumer protection act a teacher can inculcate a value consumer awareness in students. Can teach them about the laws and different policies given by government. Can give them knowledge of current affairs to make consumer aware of changes.


Introduction for consumer awareness?

Consumers are always exploited by traders and sellers. Consumer awareness is needed to prevent the exploitation of consumers by traders and manufacturers. Consumers must also be made aware of their rights and duties.


What are methods to stop consumer exploitation in India?

the major method to stop this consumer exploitation is to aware the consumer about all types of exploitation present in our daily life.


What is the need for consumer education?

Consumer education is concerned with teaching people the skills, attitudes, and knowledge of living in a consumer society. The objective of such education is to enable people to be better consumers and to understand what makes the consumer economy, in which they are active participants, function. Consumer education is also an investment in the future of the economy, because educated consumers will make good consumption decisions, which will lead the economy to grow and improve in years to come.


What are the examples of unsought goods?

Unsought goods is new product that the consumer is not yet aware of it


Which consumer protection laws are applicable to the UK?

There are different consumer protection laws applicable in the UK. The most applicable one is that the consumer be made aware of any defects in merchandise they may buy.