Explain the redressal mechanism available to consumers under the Consumer Protection Act, 1986.
For the redressal of consumer grievances, the Consumer Protection Act, 1986 provides for setting up of a three-tier machinery at the district, state and the national levels. These agencies are:
1. District Forum or District Consumer Dispute Redressal Forum
2. State Commission or State Consumers Disputes Redressal Commission
3. National Commission or National Consumer Disputes Redressal Commission
Mrs. Mathur sent a jacket to a laundry shop in January 2018. The jacket was purchased at a price of ₹4,500. She had previously sent the jacket for dry cleaning with Shine Dry Cleaners and the jacket was cleaned well. However, she noticed that her jacket had white discoloration marks when she collected the jacket this time. On informing the dry cleaner, Mrs. Mathur received a letter confirming that discolouration indeed appeared after the jacket was dry cleaned. She contacted the dry cleaner multiple times and requested for compensation for discoloured jacket but to no avail.
Upon Consumer court’s intervention, Shine Dry Cleaners agreed to compensate ₹2,500 to Mrs. Mathur for the discoloured jacket.
a. Which right was exercised by Mrs. Mathur at the first instance.
b. Name and explain the right which helped Mrs. Mathur to avail the compensation.
c. State which consumer responsibility has been fulfilled by Mrs. Mathur in the above case.
d. State any other two responsibilities to be assumed by the consumers.
Under which consumer right does a business firm set up consumer grievance cell?
FSSAI (Food Safety and Standards Authority of India) has made a proposal for hotels and other food outlets to declare the kind of oil/fat used in cooking each of the food items on their menus. Name and explain the Consumer Right being reinforced by this proposal.
Name the component of product mix that helps the consumer to exercise the right to information.
Which quality certification mark is used for agricultural products?
Who can file a complaint in a consumer court?
State any two relief available to consumers under CPA.
Enumerate the various Acts passed by the Government of India which help in protection of consumers’ interests.
What are various ways in which the objective of consumer protection can be achieved?
Explain the importance of consumer protection from the point of view of a business.
How does planning provide direction?
What is meant by staffing?
Identify the network of social relationships which arises spontaneously due to interaction at work.
What is informal communication?
State the meaning of controlling.
What is meant by capital structure?v
What is meant by management?
What is a Treasury Bill?
State any two advantages of branding to marketers of goods and services?
What makes principles of management flexible?
How does understanding of business environment help in improving performance of a business?
Explain how planning provides direction and reduces the risk of uncertainty in an organization.
Discuss the importance of motivation in directing.
What is meant by ‘management by exception’?
Explain the importance of branding in marketing.
Distinguish between the product concept and production concept of marketing.
Distinguish between advertising and personal selling.
What is marketing mix? What are its main elements? Explain.
A marketer of colour TV having 20% of the current market share of the country aims at enhancing the market share to 50 per cent in next three years. For achieving this objective he specified an action programme. Name the function of marketing being discussed above. (Ans. Marketing planning.)
“Capital structure decision is essentially optimisation of risk-return relationship.” Comment.