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

Identify and illustrate five trends for travel demand, Question: (i) ...

Question: (i) Identify and illustrate five trends for travel demand. (ii) Show how these trends would have an impact on the supply of air travel, assuming that there is a

Advantages of the advertising, Advantages of the advertising: 1.       ...

Advantages of the advertising: 1.       It increases the sales volume: advertising increases the sales volume of the product. Hence mass production is possible. This leads, to

Classification of advertising, Classification of Advertising 1.       A...

Classification of Advertising 1.       Advertising may be bordaly classified from the points of view businneesaims coverage users and nature of appeal this is condensed in a ch

Various approaches for selecting target markets, What are the various appro...

What are the various approaches for selecting target markets? Once a firm understand its markets and the suitable bases for segmenting such markets, this should choose an appro

Test marketing, various approches followed by FMCG companies in test market...

various approches followed by FMCG companies in test marketing

Explain the stages in the adoption process, Probelm 1: (a) Outline the ...

Probelm 1: (a) Outline the ways in which the STEP factors would affect the marketing function of a new brewery in Mauritius. (b) List and show the important elements of a co

Explain the nature and scope of advertising, Explain the Nature and Scope o...

Explain the Nature and Scope of Advertising. Nature and Scope of Advertising: • Paid form • Non-personal presentation and also Promotion. • Known sponsor • Anyo

Traditional marketing communication strategies, Question: a) Describe ...

Question: a) Describe the differences between traditional marketing communication strategies and service business communication strategies. b) Show the key planning conside

Evaluate current market strategies, Virgin Mobile (VMA) Australia is a lead...

Virgin Mobile (VMA) Australia is a leading consumer focused mobile network with its headquarters based in Sydney. VMA has official retail stores located in the following Australian

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