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WorksheetsChapter 10 Consumer Purchasing
Total questions: 20
Worksheet time: 10mins
What is a marketplace?
Physical location of a retailer.
Large, outdoor group of retailers.
Anywhere buyers and sellers meet to exchange goods.
Exterior signage on a storefront.
Which of the following is not a type of promotion?
odd pricing
advertising
selling
sales promotion
A(n) _____ is a situation in which a buyer and a seller have competing goals.
impasse
conflict of interest
negotiation
haggle
Spending more money than a person can afford to spend is called _____.
bankrupting
under budgeting
overdrawing
overspending
Which best describes the sale of merchandise on television through shopping networks or commercials?
e-commerce
comparison shopping
deceptive advertising
t-commerce
What best describes a printed or electronic offer giving a discount for goods or services bought before a certain date?
rebate
customer loyalty program
coupon
clearance
The _____ of a product is the cost per weight or measure.
unit price
cost
markup
loss
What is a brick-and-mortar store?
A retail store that sells construction equipment.
A retail store that sells directly from a physical location.
A retail store that supports the economy of the town in which it is located.
A retail store that also houses corporate offices.
What do nontraditional sellers do?
Nontraditional sellers provide goods that are not commonly sold in stores.
Nontraditional sellers sell unique and one-of-a-kind goods.
Nontraditional sellers provide goods and services without a brick-and-mortar location.
Nontraditional sellers provide services not commonly found at other stores.
Which of the following is not a form of nontraditional selling?
catalogs
telemarketing
online auctions
department stores
Special offer by sellers designed to help sell goods and services.
review
warranty
buying incentive
price
Any paid public announcement promoting the sale of a good or service.
review
buying incentive
warranty
advertising
A price is...
Amount of money requested in exchange for a product.
Amount of money asked for.
Amount of money you have to borrow.
______________________________ means something is no longer useful because a newer version
exists.
Old
Obsolete
Limited warranty
Rebate
The sale of merchandise by phone is ______________________________.
telemarketing
e-commerce
t-commerce
rebate
A(n) _____________________is a strategy to help an individual make smart choices and get the most out of his or her money.
rebate
budget
spending plan
shopping spree
Making a purchase without first considering needs, goals, or the consequences of spending money is
__________________ and can consume a sizable amount of money over time.
impulse buying
budget
spending plan
shopping spree
Information that purposely misleads a consumer through dishonest claims is ______________________________.
good advertising
deceptive advertising
lies
impulse buying
Items that are used up immediately in one use or will wear out in fewer than three years are durable goods.
True
False
Promotion is the process of communicating with potential customers in an effort to influence their buying behavior.
True
False
