Unlocking the Mind of the Modern Consumer: Insights and Trends
Greetings from the exciting world of the contemporary consumer! For businesses looking to compete in today’s changing industry, understanding the consumer’s mind is crucial. Consumer behavior is always changing due to shifting demographics and altering interests. The most recent trends and insights on consumer behavior, preferences, and decision-making will be examined in this blog. Businesses […]
Importance of Supply Chain Management
What is supply chain management? Supply chain management is the control of a product’s whole lifecycle, from acquiring raw materials to manufacturing, shipping, and delivering it to the customer (SCM). However supply chain management is the integrated planning and execution of processes needed to control the flow of goods, information, and capital investments in activities […]
The Consumer Protection Act 1986
Every person buys goods and services, and in order to prevent being in profit, they demand a fair deal. The Act (Consumer Protection Act 1986) was enacted by the Indian Parliament to protect customer rights, address consumer complaints, and settle consumer disputes. Customers are safe from unethical or unethical business activities. Except for the state […]
All about consumer rights and responsibilities
An Introduction Since consumers are allegedly the kings of the market, the previous strategy of Caveat Emptor (Let the buyer beware) has been replaced with Caveat Venditor (Let the seller beware). It indicates that certain businesses engage in unfair business practices and manipulate clients, against which clients need protection, due to the market’s rapidly increasing […]
