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The Financial Decisions

Authored by Mr.Ehab Essa

Business

9th Grade

15 Questions

Used 58+ times

The Financial Decisions
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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Specific objectives that are accomplished through financial planning

financial goals
financial planning
financial well-being
well-being

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Managing money continuously through life in order to reach your financial goals

well-being
financial goals
financial planning
financial well-being

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Managing money in ways that build a sense of understanding, competence, and control

financial goals
well-being
financial planning
financial well-being

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumers purchase goods and services

to satisfy their basic needs and wants

to keep up with social trends

because businesses use marketing to make them

to keep the economy afloat

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumer decision-making refers to the ways individuals make choices about which products they will purchase to satisfy their needs and wants. The process differs depending on whether the purchase is minor or major. Which of the following is an example of a major decision?

groceries

a pair of shoes

a new home

the latest game

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For a major purchasing decisions, consumers need to: (which one is incorrect)

Identify needs and wants

Collect information about products options

Evaluate the product alternatives against a set of criteria

Make purchasing decisions that consider the short- and long-term financial consequences

Buy the first product you see because you like it

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a factor that affects decision making?

Personal

Social

Economic

Cultural

Attitude

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