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Efficient Buying - JSS2 Business studies Past Questions and Answers - page 2

11

What do needs provide for individuals?

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A

Essential requirements for survival and well-being

B

Desires for goods and experiences

C

Guarantees of product satisfaction

12

What role does emotional impulse play in impulse buying?

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A

None

B

Significant role

C

Minor role

13

How can consumers fulfill their responsibility to make informed choices?

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A

By avoiding research and relying on advertising

B

By educating themselves about products and services

C

By ignoring labels and reviews

14

Why are needs considered essential?

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A

Because they are optional

B

Because they are optional

C

Because they are influenced by advertising

15

What is the primary focus of consumer responsibility?

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A

Mindful consumption and accountability

B

Maximizing personal gain

C

Ignoring the impact of consumption

16

What do warranties provide consumers with?

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A

A guarantee of product satisfaction  

B

A promise to repair or replace defective products

C

A discount on future purchases

17
Can you explain the difference between wants and needs?
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18
How do external stimuli influence impulse buying?
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19
What are some potential financial consequences of impulse buying?
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20
Why is it important for consumers to consider the ethical implications of their purchases?
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