Order issued by mrtp commission regarding unfair trade, Marketing Management

Assignment Help:

Q. Order Issued by MRTP Commission Regarding Unfair Trade?

Subsequent to making inquiry into unfair trade practices if commission finds that these trade practices are deceptive and misleading after that it may pass any or more of the following orders:

(i) Cease-and-Desist-Order (Injunction-order): It signifies the deceptive trade practice/ advertisement will be discontinued with immediate effect and it will not be repeated in future.

(ii) Necessary Modification: Commission may perhaps order the advertiser to make necessary changes in the advertisement therefore that it no longer remains deceptive.

(iii) Compensating Damages: Commission may direct the advertiser to recompense the applicant for the damages because of deceptive advertisement.

(iv) Corrective-Advertising: Corrective-advertising necessitate advertiser to rectify past deceptive ads by making appropriate statements in future advertisements. It is a corrective step by the advertiser to take away mis-impressions resulting from earlier deceptive ads given by advertiser. In corrective ads advertisers agree to that the earlier ad was wrong. Corrective advertising is issued to dismiss the impression of consumer about the earlier deceptive advertisements. It will bring explanation to the future customers.


Related Discussions:- Order issued by mrtp commission regarding unfair trade

Explain about the price leadership, Explain about the Price Leadership. ...

Explain about the Price Leadership. Price Leadership: Price leadership strategy prevails within oligopolistic markets one member of the industry, due to its size or comma

Case study: left or right(competent motors limited), 1.if you were one of t...

1.if you were one of the other foremen, what could oyu do to make Rajinder''s transaction easier? 2. what would you have done if you were in Rajinder''s shoes? why?

Give an overview about corporate orientation to marketplace, Give an overvi...

Give an overview about corporate orientation to marketplace. Marketing is the deliverance of satisfaction at a profit. This is a social and managerial procedure whereby indi

A-b split, A-B Split is a method of examining the effectiveness of media or...

A-B Split is a method of examining the effectiveness of media or marketing methods. Using A-B split marketing, a list of target names is divided into two groups on a random basis,

Publicity, Publicity: publicity is a non -personal not paid stimulation of...

Publicity: publicity is a non -personal not paid stimulation of the demand of the product or services or business units by planning commercially significant news or editional comm

How to select an ad agency, Q. How to select an ad agency? Financially...

Q. How to select an ad agency? Financially Sound: - The ad-agencies which are monetarily sound and have good turnover have better contract with media owners. The agencies whi

Product safety law, Product Safety Law Local state and federal laws r...

Product Safety Law Local state and federal laws regulate many products. For instance many municipalities have adopted building codes that require safety standards for bu

Value delivery process, What is difference between value proposition and po...

What is difference between value proposition and positioning

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd