JSS1: BUSINESS STUDIES - 2ND TERM
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Types of Occupation | Week 17 Topics|1 Quiz
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Honesty in Business | Week 26 Topics|1 Quiz
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Ethics in Sourcing Chemicals and the Need for the Monitoring and Control of Chemicals | Week 37 Topics|1 Quiz
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Entrepreneurship | Weeks 4 & 55 Topics|1 Quiz
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Forms of Business Organisation | Weeks 6 & 76 Topics|1 Quiz
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Consumer, Market & Society | Weeks 8 & 95 Topics|1 Quiz
The Need for Consumer Education
Topic Content:
- Need for Consumer Education
Consumer Education involves providing necessary and adequate information to consumers, in order to protect them from fraudulent trade practices, and exploitative market operations.
Below are the reasons for the need for consumer education:
1. Protect them from low-quality products.
2. To protect them from the sale of harmful food and drugs.
3. To safeguard them from incorrect weight and measures.
4. To help them enjoy fair prices and value for their money, as against exorbitant prices.
5. To protect them from misleading and false advertisements.
6. To help them safeguard against hoarding of goods.
7. It will help them to be acquainted with the latest technology.
8. They need to update their knowledge and skills.
9. To help them improve their decision-making.
10. To safeguard against impulse buying, as a result of misleading and unprofessional packaging and reselling.
thanks you 😊