Week 2 Flashcard – Consumer-Centric Decision Making

Front

consumer-centric

Back

Putting the consumer’s needs and wants at the center of decisions

Front

Example of a consumer-centric feature: A hidden fee added at checkout, A complicated return policy, Customer reviews available before purchase, An ad that makes false claims

Back

Customer reviews available before purchase

Front

Why is comparison shopping important for consumers?

Back

It helps consumers make smarter choices

Front

Which of the following is usually a “want” rather than a “need”?
Options: Buying groceries, Paying for rent, Streaming Disney+, Refilling a prescription

Back

Streaming Disney+

Front

If a service saves you money but adds stress, what should you do as a smart consumer?

Back

Balance stress with other factors like time and trust

Front

Which factor is MOST connected to convenience? Options: Time, Money, Trust, Stress

Back

Time

Front

What does “trust” mean in consumer decision-making?

Back

Choosing a company with a good reputation and safe practices

Front

Which situation shows a trade-off between time and money?

Back

Cooking dinner at home vs. ordering DoorDash

Front

Why do smart consumers sometimes pay more for a product?

Back

To save time, reduce stress, or gain trust

Front

In a RACE paragraph, which step explains WHY your evidence matters?

Back

Explain