Question

In: Economics

Search the Internet for websites where consumers can place complaints about a product. Describe the product/service...

Search the Internet for websites where consumers can place complaints about a product. Describe the product/service and the complaints. Analyze the complaints for patterns. Do these patterns identify a problem for the company that might be addressed based on complaints? Discuss the patterns, identify the problem(s), and give 2-3 examples of how the company can remedy the problem(s).

Solutions

Expert Solution

first we can define who is a consumer? different perspectives have been laid down regarding the definition of consumer. in indian context a consumer means

A Consumer is a person who purchases a product or avails a service for a consideration, either for his personal use or to earn his livelihood by means of self employment. The consideration may be:
Paid
Promised
Partly paid and partly promised .

"as provision stated by consumer protection act 1986"

in india consumer can complaint regarding the product or service to the local district consumer court and can go upto the highest and the apex court that is Supreme court of india.

consumer protection has been provided in india with the introduction of Consumer Protection Act 1986.

THE NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION- The National Consumer Disputes Redressal Commission (NCDRC), India is a quasi-judicial commission in India which was set up in 1988 under the Consumer Protection Act of 1986.

similarly in United States BUREAU OF CONSUMER PROTECTION is designated for the redressal of the consumer complaints.The Federal Trade Commission ( FTC) Bureau of Consumer Protection stops unfair, deceptive and fraudulent business practices by registering complaints and further investigations, suing companies and people that break the law.

PRODUCT- prouduct is generally a term used to specify the final goods which are ready to sales , these are like tangible goods. example of products are soap, cloth, packed foods etc

SERVICES- services are generally termed as the effort renederd by a person to customer. Banking , railways , labouring services are example of services in the market.

COMPLAINT- when the buying or purchasing party is not satisfied with the usage of the product or even that product has not met with the expectations of the product then the buyer can lodge complaint against the company or the seller party.

COMPLAINING PATTERNS -

collecting evidences and proofs of buying

attach the tax receipts

to comply with the prescribe manner to lodge and file the complaint

filing the complaint

Do these patterns identify a problem for the company that might be addressed based on complaints?

nowadays when a consumer files a complaint then the company is also intimated about the concern case and then company also indulge in redressal process and also try to resolve it as soon as possible. it also helps the company and the firm to enhance the valuation of goodwill and reputation in the market.

company can remedy the problem(s) by-

  1. understand- firm need to understand the problem asap and try to solve it because in market "consumer is the king"
  2. Apologize - if the firm realises that the mistake is committed from there side they shouldn't hesitate to apologize .
  3. Solving the consumer problem through compensation- firm can also give compensation to the consumer
  4. Contacting consumer - the authorities can directly contact the consumer to direct redressal.

after the above steps and alternative situation if a conusmer directly comes to complaint in the company then it is the responsibilty of the consumer to Acknowledge the complaint and Inform the customer that you are taking action


Related Solutions

Advertisers contract with internet service providers and search engines to place ads on websites. They pay...
Advertisers contract with internet service providers and search engines to place ads on websites. They pay a fee based on the number of potential customers who click on their ad. Unfortunately, click fraud—the practice of someone clicking on an ad solely for the purpose of driving up advertising revenue—has become a problem. Business week reports that 40 percent of advertisers claim they have been a victim of click fraud. Suppose a simple random sample of 360 advertisers will be taken...
Advertisers contract with Internet service providers and search engines to place ads on websites. They pay...
Advertisers contract with Internet service providers and search engines to place ads on websites. They pay a fee based on the number of potential customers who click on their ad. Unfortunately, click fraud—the practice of someone clicking on an ad solely for the purpose of driving up advertising revenue—has become a problem. According to BusinessWeek 43% of advertisers claim they have been a victim of click fraud. Suppose a simple random sample of 300 advertisers will be taken to learn...
Search the Internet and find the websites of two manufacturers. After reviewing the websites, decide if...
Search the Internet and find the websites of two manufacturers. After reviewing the websites, decide if you think each manufacturer uses job or process costing. Share your decision and explain why you came to this conclusion. In addition, make a list of costs you think are incurred in the production and selling of products for your two manufacturers. Label the costs as direct material, direct labor, manufacturing overhead or period costs. Report a minimum of two costs in each category...
An internet search engine looks for a certain keyword in a sequence of independent websites. It...
An internet search engine looks for a certain keyword in a sequence of independent websites. It is believed that 35% of the sites contain this keyword. (a) Let X be the number of websites visited until the first keyword is found. Compute the probability that the search engine had to visit at least 10 sites in order to find the first occurrence of the keyword. (b) Out of the first 25 websites, let Y be the number of sites that...
Search the Internet to find (at least 2 websites) related to the general field of malware...
Search the Internet to find (at least 2 websites) related to the general field of malware associated with malware analysis in virtual machines and dynamic analysis. Please provide a brief synopsis of the website. With appropriate subject heading, post the link.
Search the Internet to find (at least 2 websites) related to the general field of malware....
Search the Internet to find (at least 2 websites) related to the general field of malware. Please provide a brief synopsis of the website. Post the links
product Idea and Search Engines/Electronic Marketing 1.  Develop a product service idea. A. Describe the product/service including...
product Idea and Search Engines/Electronic Marketing 1.  Develop a product service idea. A. Describe the product/service including the benefits of using the product/service B. Discuss the potential customers for this product/service 2.  Based on the nature of the product/service, recommend at least 3 possible ways to market the product electronically. Your suggestions must include at least one search engine. Describe your recommendations and discuss the advantages and disadvantages of each
1.Search in the Internet for building cost estimation and identify samples of websites for,(1) an estimating...
1.Search in the Internet for building cost estimation and identify samples of websites for,(1) an estimating software with its main features, and (2) a group interested in the Estimation Subject and discusses issues related to the subject. It is related to building economy course
Search the Internet for financial information about the company selected. Search the Internet for financial information...
Search the Internet for financial information about the company selected. Search the Internet for financial information about the company selected. on Pfizer Comapany Evaluate the following in a 525-word response: Characteristics of common and preferred stock. How stock markets work. The connection between the value of shares and dividends. Mention the ticker symbol of the company studied, the current price of the stock, and its financial history. Indicate if you would recommend investing in this stock and why. Explain.
1 page Using an internet search of SCHOLARLY websites and articles, please summarize a digestive disorder....
1 page Using an internet search of SCHOLARLY websites and articles, please summarize a digestive disorder. What is one area that a client with this disorder needs to be educated on to maintain good nutrition? Create a patient handout or brochure to assist this client in good nutritional facts that will assist them in maintaining good health.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT