WorksheetsConsumer and Financial Decisions Diagnostic Quiz
Total questions: 8
Worksheet time: 8mins
Commerce in the (a) and selling of (b) and services between individuals and (c) .
A consumer is someone who purchases (a) and (b) to satisfy their (c) and (d) .
Financial decisions involve (a) from an income.
Business decisions made should lead to (b) .
Employment decisions need to be made when you enter the (c) .
Legal decisions involve utilising the help of (d) to protect ourselves as consumers.
Environmental decisions should be focused on (e) for the benefit of the environment.
Organise these buying decisions into the right categories.
Buying a 500ml coke for $1 when 1L cost $1.50.
Checking for sales on fruits in Coles vs Wollies
Getting a $5 keychain at the checkout counter because it was a limited edition.
Buying a $15 magazine at the airport because of the catchy cover.
Researching online for the best deal on a new TV before buying one.
Reading reviews and comparing prices of vacuum cleaners before making a purchase.
Match the stores with their corresponding type of retail outlet.
Convenience 'corner' stores
Speciality stores
Discount variety stores
Department stores
Supermarkets
Under the Competition and Consumer Act, an (a) act by a seller is any practice that is just not (b) , such as scams and rip-offs.
Match the key factor affecting the consumer's decision.
John buys a smartphone from the store offering the lowest price.
Price
Emma orders groceries online for same-day delivery.
Convinience
Tom chooses a car dealership with 0% interest financing.
Finance
Sarah returns to a café where the staff always greet her warmly.
Service
Lisa buys skincare after seeing an influencer's glowing review.
Marketing
Match the following common scams with their corresponding type.
False and misleading advertising
A discount or commission to the purchaser for supplying names of more potential customers.
Referral selling
You won a 'prize' but in order to claim it, you must purchase $50+ at the store.
Special prizes and offers
Pyramid schemes
Recieving a product in the mailbox with in the invoice for due payment.
Unordered or insolicited goods
