Grade 9 Issue
Grade 9 Issue
Grade 9 Issue
1. Overpricing- Different companies, stores, and shops sell the same product at different prices. A
large scale company, store or shops usually sell products at higher prices to accommodate
maintenance, advertising, or other company expenses. Some shops increase to price gain more
income from sales.
2. Product hoarding- Consumer sometimes experience the sudden non- availability of basic
commodities like rice, sugar, meat and poultry, and liquefied petroleum gas (LPG). This is a
common sight after a natural calamity or just before a price increase is to be implemented. This
is called hoarding and is against the law. Consumers must report such practice to the
Department of Trade and Industry (DTI).
3. Adulterated products, Adulteration of products is another problem consumer’s encounter daily.
Adulteration is the unlawful substitution of one substance for another or the mixing of another
substance to make the original substance impure. Such products are sold in the market with
promises that these are 100% pure but are soon realized by consumers to be adulterated when
consumed or used. Foods like rice, flour, cooking oil, vinegar, and other commodities are some
examples of products that can be easily adulterated. A consumer should at all times watch for
irregularities of products and report them to the Department of Trade and Industry. Do not
patronize establishments known for dubious practices.
4. Unjust measurement of goods. Another problem consumers experience is the deliberate
adjustment of weights and other measuring devices of some traders. Some examples of this
problem are the use of hidden weights and adjustment of scales, and tampered digital weighing
devices. Such dubious acts should be reported authorities by the consumer.
5. False advertising. Companies use different forms of media to advertise their goods and services.
An advertisement usually uses appealing techniques to catch the attention of consumers such as
endorsement of famous personalities, scientific claims and studies, bandwagon, advertising, and
other similar methods. Labels and packaging can also lead consumers to buy products to buy
products. Make sure to read labels and products information carefully. False advertisements are
against the law and should be reported to the Department of Trade and Industry (DTI).
6. Sale of substandard or low quality products. Some traders sell products of substandard or low
quality. When sold to an unsuspecting consumer, traders claim that the products are of high
standard, passed tests, and the price for the same quality as the original or offered at a lower
price for the same quality as the original one. Make sure to buy only from trusted stores and
merchants.
7. Special offers and discounts. Traders try to attract consumers through special offerings like “buy
one, take one,” “free gifts,” or jaw-dropping discounts. In its true sense, these offers were really
part of what a consumer is really buying two items for the price of two. For discounts, the price
is increased first and then discounts are offered. A product might seem being sold 10% to 50%
cheaper than the original price but the truth is being sold at the original price or higher. A
consumer must always be vigilant and wise.
8. Malpractice and quackery. Malpractice is professional misconduct which can result to injury and
damage. Some doctors and other allied health professional may be susceptible to malpractice.
Quackery is the illegal practice of medicine by unlicensed individuals. A person who engages in
quackery is called a quack or a charlatan.