Are you a smart consumer ?

What is the appropriate time to go shopping?

• When purchases fit within the budget

• When purchases are a part of an overall financial plan

• Both a & b

• None of the above

Being a smart consumer, what should be kept in mind before buying?

• What do you have?

• What do you need?

• The price you want to pay.

• All of the above

How would you decide on quality while purchasing?

• How will you use the article?

• How long will you use it?

• How will you care for it?

• All of the above

What do you understand by guarantees for the consumer?

• Understand the terms of the guarantee

• Make sure that the manufacturer can back it up.

• Both a & b

• None of the above

Jassem's family is shopping for a sofa. The sofa that the family chose has a retail price of BD 800 plus 5% sales tax at four stores. Also, each store offers a different promotional offer. Which store has the best deal?

• Store A: 60 BD instant rebate (coupon)

•  

  Store B: 15% off sale

• Store C: 5% off sale plus store pays sales tax

•  

  Store D: a "no tax" sale—the store pays the tax

Mr. Ali Fadel's family is shopping for a big-screen TV. The TV they chose has a retail price of 1,000 BD at four stores. The state sales tax applicable on the item is 5%. Each store is offering a different sales promotion, as listed below. Which store is offering the best deal?

• 50 BD rebate

  ( coupon)

• The store pays the sales tax

• 40 BD rebate with the store paying half of the sales tax

• 10% discount on the price

If a radio spot focuses on a grocery store’s low prices. What kind of advertising is this?

• Rationale

• Persuasive

• Deceptive

• Emotional

Which term defines low price?

• Extravagant

• Reasonable

• Enormous

• Cheap