Consumer's Suffering In Bangladesh And To Protect Their Rights

8073 words - 32 pages

INTRODUCTIONIn terms of market behavior Bangladesh is in transition. Neither consumers nor producers are to be seen as absolute king here. The volume of low quality and fake goods prove ignorance and weak bargaining power of the consumers. Again the increase of advertisement of better goods indicates competition in producers level and selectivity of buyers. In Bangladesh competition among the producers as well as consumers' awareness are increasing. Therefore, with the advertisement any item may raise its sells but if the product lacks the desired quality soon it becomes unpopular. Even when any newly launched product or brand becomes popular in the market, some dishonest traders duplicate the product or brand and cheat the consumers and thus tarnish the image of the popular product or brand which looses its goodwill.Unscrupulous traders and manufacturers usually exploit customers by charging higher artificial price, lucrative advertising, packing the poor quality products with attractive covers, etc. In an economy where quality fails to play the key role, adulteration and fake products dominate the market, it is not only the consumers who suffer, so do the honest traders and manufacturers. The situation is different in a largely competitive and developed market, whereas the later scenario is characteristic of initial stages of developing market. Here the innocent, simple and illiterate population is revolving in a vicious cycle of poor quality and often adulterated goods. They are often cheated in price with false weights and measures and price hike. The vast mass of illiterate and uninformed consumers, due to lack of proper knowledge, fail to distinguish between real and fake products and ultimately loose faith in the product or market that causes continuous shift in their choice. As a result products of honest and quality producers suffer and their sales decline.Reasons for such imperfection of market economy in Bangladesh are many. However some key reasons may be identified as illiteracy and ignorance of consumers, want of government surveillance, inadequate provision of law, lack of vigilance on the part of manufacturers association, lack of standardization of product, and absence of strong consumer movement.PART 1 :CONSUMER'S SUFFERINGS IN BANGLADESHCompetition policy, dominant firms monopolies, mergers, anti-trust consumer concerns and matters like that may, on the face of it, appear to be of somewhat distant interest in the present context of Bangladesh. Consumers in general also seem to be rather unconcerned about these at the moment. True, there have been in existence a number of state owned natural monopolies in the utilities sectors like electricity, natural gas, water supply in municipal areas, telecommunications, railway, ports and so on, but somehow the consumers seemed to have got accustomed to the unredeemed inadequacies of their management and often at high cost. On the other hand, state owned monopolies or quasi monopolies in...

Find Another Essay On Consumer's Suffering in Bangladesh and to Protect their Rights

Suffering in the Novels: Farewell to Manzanar and in Maus

1438 words - 6 pages on our beds for warmth” (Houston pg. 23).This scene shows a survival mood because they are all trying to do their best to stay warm. In these camps, the guards did not provide the people with a housing heat source. The mood is an effective tool for expressing the suffering that occurred in both stories. Suffering is a very real aspect in the story of Maus and Farewell to Manzanar. Suffering has devastating effects on a person’s spirits and

Suffering to Achieve Happiness in Dostoevsky’s Crime and Punishment

769 words - 3 pages In such poor living conditions, those that the slums of Russia has to offer, the characters in Fyodor Dostoevsky’s Crime and Punishment1 struggle, living day to day. Raskolnikov, the protagonist, experiences multiple layers of suffering (the thought of his murder causes him greater suffering than does his poverty) as does Sonia and Katerina Ivanovna (1). Through these characters as well as Porfiry Petrovitch, Dostoevsky wants the reader to

Consumption, Saving and Investment trends in Bangladesh

3219 words - 13 pages INTRODUCTION TO THE REPORTORIGIN OF THE REPORTThe report's study is concentrated on the trends of investment, consumption and savings in Bangladesh and their overall effect on the business cycle of the economy.OBJECTIVESThe broad objective of this report is to analyze in consumption, savings and investment in Bangladesh. The reports objectives can be divided into the following:To give an overall study of consumption, savings and investmentTo

'Intellectual property rights represent one of the most valuable commercial assets in modern society. But also one of the most problematic for a company to protect.' Discuss.

2723 words - 11 pages Intellectual property is an area of law, "which allows people to own their creativity and innovation in the same way that they can own physical property." Intellectual property rights provide people with control over ideas or information embodied in a valuable form of protection. It plays a major part in our modern business environment and becomes an increasingly valuable asset for establishing competitive advantage in all types of business

SOPA and PIPA: To Protest, or to Protect?

1273 words - 5 pages internet (Condon). There are also numerous laws and regulations imposed protecting the privacy of the general public, the privacy of minors, and to protect malware and viruses from entering computers through internet usage. While it is true that their corporations lose revenue from pirating, the loss in jobs that would result from enacting bills such as these would be much, much greater. Under the way the internet is currently managed foreign ISPs

Norm and Value in two different cultures (Canada and Bangladesh)

890 words - 4 pages culture it is not normally required to ask an elderly if a person wishes to date someone. It's more personal choice oriented and is not normally required practice to get the approval of grandparents - sometimes getting the approval of parents is enough. In addition, there are many elderly homes found in Canada whereas, it is not at apparent in Bangladesh. The people are more committed to their jobs in Canada that their elderly parents would need to

We Must Strive to Protect Privacy in Technology

574 words - 2 pages We Must Strive to Protect Privacy in Technology Technology is getting more and more complex as the years come and go. The availability of personal information is easier to access and the risk of it being tampered with is also high. As the years pass, the threat of privacy invasion gets greater and greater and easier to happen. There are several ways that privacy is able to be invaded and there will only be more to come. Americans have

Differences between: Legal, Moral and Customary Rights Details on various NGO's that protect and define human rights.

1570 words - 6 pages the majority of the population are closely reflected in their legal rights. Moral rights vary depending on the group, for example, some groups believe men should have the right to take multiple wives. If there were a minority group who held such a belief in Australia, it would be illegal to practice that moral right because it is not a legal right.Customary rights are borne out of age and habit. They are customs established long ago that have been

Personal Reflective Piece - Why I Don't Drink Alcohol (Not their real names - used to protect their true identity)

1109 words - 4 pages It was a clear morning, too early for the birds to be awake, and the party was winding down. It was the dawn of a new year, of a new millennium. Empty bottles and cans were scattered all over the dining room, and all throughout the swimming pool area. Spirits were high, except in the Sambuca bottles that lay empty on the table. The party had been a long one, longer still because it was a very special occasion. It looked exactly like the opening

Suffering and Salvation in Electra and Matthew

1063 words - 5 pages God, just as the murders of Aigisthos and Clytemnestra are ordained by a god. These murders are particularly brutal, suggesting that the murdered must experience gratuitous suffering in order for salvation to be attained. But the murderers are not spared from their own lot of suffering, either. Orestes and Judas confess strikingly similar regrets about their actions. Judas says, "I have sinned in that I have betrayed the innocent blood" (Matt

How to Protect Yourself and have Safe Sex

1310 words - 5 pages different barriers and their use and guidelines. The first off will be Latex. This includes condoms, gloves and oral barriers. Latex has been shown to protect against the transmission of HIV and other STDs. Latex barriers are usually inexpensive and available at a wide variety of different stores. Latex should not be exposed to anything with oil in it, as oil will cause the latex to disintegrate. Water-based and silicone-based lubricants

Similar Essays

The Responsibility To Protect: The Changing Definition Of Human Rights And The Ability To Protect Global Citizens

1214 words - 5 pages Liz PecanANTH 01211/3/2013Essay 2Section 404Colonization and Industrialization:The overall effect on GlobalizationThroughout history, various powers have expanded and exerted control onto what they deem to be lesser civilizations. As the world continues to change and grow, the impact of past formative processes continues to be seen in the current globalized world. There is a growing literature for the last few decades on globalization and on its

Should Quebec (Or Other Provinces) Separate From Canada In Order To Best Protect Its Constitutional Rights?

567 words - 2 pages Question: Should Quebec (or other provinces) separate from Canada in order to best protect its constitutional rights?In my opinion, all provinces in Canada, including Quebec should not separate. Quebec has been one of the provinces of Canada for a long period of time. Most people in the world view that it is one of the component in Canada. French-Canadian and English-Canadian seem to live together peacefully without conflict, even many people

To What Extent Should The Government Protect Minority Rights?

1016 words - 4 pages To what extent should governments protect minority rights?Nearly every nation in the world has some form of minority groups from within it. These minority groups aren't limited to ethnicity, race or religion but can also include language, nationalities, sexual orientation, gender, economic and political groups . However the most domineering groups that seem to be asking for substantial sacrifices made on behalf of the majority of Canadian

What Regulatory Measures Have Been Taken To Protect Online Consumer Rights Both At The Uk And Eu Level?

4170 words - 17 pages requested by B within reasonable time and without causing significant inconvenience to B , B may have the right a further right to reduce purchase price or rescind the contract.Although it does not have a significant impact on e-commerce per se, it does provide the consumer with the protection given to all methods of purchase.TrustUKCodes for e-commerce could help protect consumer's rights and offer consumer protection and service above the basics