9 Commerce Revision

What is an example of how gender influences consumer choice?

• Men and women buy the same types of products.

• Marketing often targets genders differently, such as Mother's Day gifts for women and Father's Day gifts for men.

• Gender has no impact on consumer decisions.

• Only children make financial decisions in households.

Why is price a major factor in consumer decisions?

• Consumers always buy the most expensive option.

• Consumers always buy the cheapest option.

• Consumers want to get the best quality at the lowest price.

• Price is not important in decision-making.

Which law helps consumers compare prices by requiring per unit pricing?

• The Fair Work Act 2009

• The Competition and Consumer Act 2010

• The Privacy Act 1988

• The Environmental Protection Act 1997

What is the BEST explanation of disposable income?

• The amount of money spent on luxury goods

• The money available for spending and saving after taxes

• The income someone receives before paying tax

• The money used only for essential purchases

How can social media influence consumer decisions?

• Social influencers promote products to a large audience.

• It has no effect on what people buy.

• It makes shopping more difficult.

• Consumers ignore advertisements on social media.

What is an example of an environmental consideration affecting consumer choice?

• Buying products with excessive packaging

• Choosing items that have minimal or recyclable packaging

• Ignoring environmental concerns

• Preferring disposable over reusable items

Which of the following is an example of convenience influencing consumer choice?

• A store has longer opening hours, so more people shop there.

• A company increases its prices to match competitors.

• A customer buys a product based on their cultural background.

• A consumer chooses a product because it was advertised by an influencer.

Which word from your vocabulary list matches this definition?
a list of income and likely expenditures

Which word from your vocabulary list matches this definition?
a term meaning ‘let the buyer beware’

Which word from your vocabulary list matches this definition?

someone who purchases goods and services to satisfy needs and wants