The consumer is the one who consumes the goods and services produced. As such, consumers plays a indispensable role in the economic system of a landed estate because in the absence of the effective demand that emanates from them, the economy close collapses. Mahatma Gandhi said a customer is the most important visitor in our premises. He is not dependent on us, we are on him. He is not an interruption to our work, he is the mark of it[citation needed[->0]].
Typically when business[->1] people and economists talk of consumers they are talking near person as consumer, an aggregated commodity[->2] item with little individuality[->3] opposite than that expressed in the buy/not-buy decision. However there is a trend in marketing[->4] to individualize the concept. Instead of generating broad demographic profiles[->5] and psycho-graphic profiles[->6] of market segments[->7], marketers have started to engage in personalized marketing[->8], consent marketing[->9], and mass customization[->10].[1]
There is increasing backlash from the public oer use of the label consumer rather than customer, with many finding it offensive and derogatory.
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In law and politics
The law primarily uses the tactual sensation of consumer in relation to consumer protection[->12] laws, and the definition of consumer is often restricted to dungeon persons (i.e. not corporations or businesses) and excludes commercial users.[3] A typical sub judice rationale for protecting the consumer is based on the notion of policing market failures and inefficiencies, such as inequalities of bargaining power between a consumer and a business.[4] As of all potential voters are to a fault consumers, consumer protection takes on a clear political significance.
annoying over the interests of consumers has as well spawned much activism, as well as incorporation of consumer education into school curricula.[citation needed[->13]] There are also various non-profit publications, such as Consumer...If you want to get a full essay, order it on our website: Ordercustompaper.com
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