Question

The FDA tries to protect us as consumers. You may take for granted the changes they have enacted to protect us. For example, the surgeon general warning notices on the side of cigarettes... yup they came as a result of regulations to protect us.

Question: We have an extremely diverse class. Most of us are first generation immigrants, or have close ties to another country. Either way, think of a country which you love and have a close affiliation to (other than USA). Does your country have any laws and regulations that protect the consumer? If so, can you provide one as an example? If not, explain why your country does not have them.

Discuss: If you were a leader of a company going overseas, would you take advantage of weak protection laws or bring the stricter regulations into the country to guide your service or product in that country?

Answer 1

The country i prefer is india

Yes do india has number of regulation to protect consumers.

legislations that dealt with promotion and development of interests of consumers and thus came about the legislation of Consumer Protection Act, 1986. COPRA in 1986 was to protect the interests of the consumers and to safeguard their rights as well. It provided a multi-dimensional approach to promote consumer interests which included spreading of awareness and establishment of consumer councils

definitely bring the stricter regulations into the country to guide your service or product in that country

as a leader the changes start with me. will attract other company leader to do so, who will also formulate rules and regulations for protecting interest of consumers . Often greater movements begin with small actions. If i can finds right ways of life and moves in own direction will meet with success. With my success inspire by osmosis all around me and definitely people always want to imitate that formula of success.

With the emergence of cross-border and e-commerce, cooperation on consumer protection amongst jurisdiction becomes a necessity. Consumer protection,rules and regulations contributes to dynamic and effective markets for businesses.

Business man use the resources and facilities of society,they earn profit by supplying goods and services of society they are mere trustee of resources,so use these resources for the welfare of society.sometimes consumer protection is part of social responsibilities. As a leader should voluntarily involve in the activities which protect the interest of consumer.otherwise government should involve in the affairs of business.

So as a leader let the change or big movements begins from us.

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stay safe