Efficient Buying - JSS2 Business studies Past Questions and Answers - page 2
What do needs provide for individuals?
Essential requirements for survival and well-being
Desires for goods and experiences
Guarantees of product satisfaction
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What role does emotional impulse play in impulse buying?
None
Significant role
Minor role
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How can consumers fulfill their responsibility to make informed choices?
By avoiding research and relying on advertising
By educating themselves about products and services
By ignoring labels and reviews
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Why are needs considered essential?
Because they are optional
Because they are optional
Because they are influenced by advertising
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What is the primary focus of consumer responsibility?
Mindful consumption and accountability
Maximizing personal gain
Ignoring the impact of consumption
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What do warranties provide consumers with?
A guarantee of product satisfaction
A promise to repair or replace defective products
A discount on future purchases
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Can you explain the difference between wants and needs?
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How do external stimuli influence impulse buying?
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What are some potential financial consequences of impulse buying?
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Why is it important for consumers to consider the ethical implications of their purchases?
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