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WorksheetsPFL MidUnit Assessment Unit 2
Total questions: 13
Worksheet time: 7mins
A consumer is someone who
makes a product to sell.
purchases goods and services.
advertises goods and services.
owns a business.
Important factors consumers should consider when purchasing a good or service include
Consumer’s budget
Price of alternatives
Potential impact on environment, society, and economy
All of the above
You have determined you need to purchase a laptop for school and you want to compare 3 different brands to determine which laptop has the best value for the price. Based on this scenario, which step of the consumer decision making process should you complete?
Problem recognition
Evaluation of alternatives
Purchase decision
Post purchase evaluation
Informed consumers conduct product research as part of the decision making process. During the information search process, consumers should consider the following when researching a product:
features, price, dependability.
popularity, style, color.
problem, want, need.
production, manufacturing, distribution
What is an effective strategy that can be used by consumers to avoid impulse buying?
Only purchase items that are on sale.
Talk to a friend before you make a purchase.
Wait a day before making a purchase.
Only carry cash with you instead of a credit card.
Informed consumers research durable goods and compare competing products to avoid ____________ _____________.
over spending.
wasting time.
good deals.
impulse buying.
It is important to consider the following when deciding to purchase an extended warranty for a used vehicle:
the requirement by law to carry an extended warranty.
length of time you will keep the vehicle, reliability of the brand, and cost of the warranty.
the cost of your insurance policy.
the cost and coverage needed if you are involved in an accident.
Extended warranties and insurance policies both require
a deductible when used.
payment at the time of purchase.
specific amount of coverage.
proof to own the product.
Consumer decision to purchase products can have a positive and negative effect on which of the following:
world, country, and state.
warranties, insurance, and durability.
environment, society, and economy.
product, price, promotion.
Cell phones companies conducting business in countries with poor environmental and human rights records is an example of
a positive effect on the environment and society.
a negative effect on the environment and society.
a global effect on the environment.
a global effect on society.
When a consumer is considering purchasing a monthly subscription for a music service, the biggest factor to consider is
the consumer’s monthly budget.
the type of warranty that can be purchased.
the demand for the product.
the preference for shipping.
It is important to consider the following when deciding to purchase an extended warranty for a used vehicle:
the cost of your insurance policy.
the cost and coverage needed if you are involved in an accident.
the requirement by law to carry an extended warranty.
length of time you will keep the vehicle, reliability of the brand, and cost of the warranty.
When considering a purchase, during the problem recognition step consumers are deciding if the product is
on sale.
available for pick up at the store.
a want versus a need.
a durable good.
