WorksheetsChapter 5/6
Total questions: 26
Worksheet time: 13mins
Name
Class
Date
1.
An example of discretionary spending is __________
a)
Utilities and food
b)
Rent
c)
Cars
d)
Nonessential goods and services
2.
Why do stores like scan and go options, apps, and one-click purchases?
a)
It’s harder for customers to pay, so they end up saving money.
b)
It makes paying easier and faster, so customers are more likely to overspend.
c)
Digital pay is the way of the future, and retail stores like being ahead of the times.
d)
It's easier for the retail store clerks.
3.
When someone steals and uses your debit or credit card info, that's called_______
a)
Fraud
b)
Borrowing
c)
Authorized Use
d)
Networking
4.
What does it mean to develop power over purchase?
a)
You are powerless in the face of an impulse purchase
b)
You are able to slow down and think through your motives before buying something.
c)
You can make decisions very quickly when it comes to purchasing items.
d)
You have power to purchase whatever you want, and you do so.
5.
To think big picture, you need to understand that . . .
a)
The best way to have more money is to have contentment.
b)
Your goals are less important than buying the latest and greatest stuff.
c)
You can buy happiness.
d)
The best way to be content is to have more money
6.
Americans spend over $2,100 a year on ___________
a)
Credit card fees
b)
Groceries and eating out
c)
Entertainment
d)
Impulse purchases
7.
What is the digital marketing strategy that tracks users across the web?
a)
Retargeting
b)
YouTube videos
c)
Content marketing
d)
Native ads
8.
Before you insert your debit card at the gas pump, you should always . . .
a)
Check out the card reader to see if it looks different, loose, or worn
b)
Make sure you have enough money in your account
c)
Ask the store clerk if there has been a thief here lately
d)
Pay cash—never use a card at a gas pump
9.
It's your right as the consumer to . . .
a)
Pitch a fit if you don't like the product you just purchased, and demand a refund
b)
Keep a product even if it malfunctions or has manufacturing issues
c)
Expect a product to live up to the quality promised to you before you purchased it
d)
Buy whatever you want, as long as you don't go into debt over it
10.
The key to contentment is gratitude.
a)
True
b)
False
11.
Why is paying for something in cash a better option than a virtual payment even if it isn’t as convenient?
a)
If you make spending less convenient, you're less likely to buy things you don't need.
b)
It isn't a better option. The perks of virtual payments outweigh the downsides
c)
It’s easier to part ways with cash, so you're more likely to overspend.
d)
It helps the store clerk when you use cash.
12.
You won't find contentment by just continually buying stuff.
a)
True
b)
False
13.
It's okay to make an online purchase if you're on unsecured Wi-Fi, as long as you log off as soon as you're done.
a)
True
b)
False
14.
Why does brand recognition help businesses?
a)
It makes their name and logo easily memorable for consumers.
b)
It keeps the consumer from buying more of their product or service.
c)
It helps the business recognize their own logo.
d)
It helps them partner with other businesses
15.
Appreciating who you are and what you have instead of wanting what your friends have is called __________
a)
Comparison
b)
Contentment
c)
Gratitude
d)
Compromise
16.
What is one way to practice power over purchase?
a)
Spend more money
b)
Make quicker decisions when buying
c)
Make sure you're sticking to your budget
d)
Pay with credit cards to earn rewards
17.
Which of the following has the lowest risk for getting your card information stolen?
a)
Handing your card over to a server at a restaurant.
b)
Making an online purchase on an unsecured site
c)
Using your debit card and PIN at a reputable store
d)
Storing your card information online
18.
The first step in finding your dream job is __________
a)
Interviewing
b)
Discovering your talents, passions, and values
c)
Dreaming about it
d)
Applying
19.
The Proximity Principle says: In order to do what you want to do, you need to be _______ people who are doing it and in ________ where it‘s happening.
a)
Around; places
b)
Researching; areas
c)
Friendly to; proximity to
d)
Nice to; areas
20.
Your resume should NOT include ________
a)
Your past job experiences
b)
Professional references
c)
Your education
d)
How much money you want to make
21.
For entrepreneurs, taking __________ and growing a business go hand in hand.
a)
Applications
b)
Risks
c)
Breaks
d)
Classes
22.
___________ skills are things you learn in school or receive special training on.
a)
Soft
b)
Hard
23.
Which of these is an example of a bold first impression when applying for a job?
a)
Calling the hiring manager and introducing yourself
b)
Applying a couple of weeks after the job is posted
c)
Having a flashy designed resume
d)
Applying several times for the same position
24.
_____________ is an example of a soft skill.
a)
Computer programming
b)
Being a team player
c)
Building a house
d)
Analytics
25.
Your _________, ____________ , __________and make you who you are
a)
Work; family; experience
b)
Passions; purpose statement; talents
c)
Talents; passions; values
d)
Friends; education; values
26.
Employers consider soft skills as important as hard skills.
a)
True
b)
False
100 %
