Smart Shopping
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Consumer | is anyone who purchases goods or services for their own use
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| consumer needs | are things that we generally cannot do without
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| Consumer wants | are all the things that we would like to have but that are really not essential
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| Budget | Is a plan of how much money you are prepared to spend
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| False Economy | Is when we purchase a cheaper product but it turns out to be more expensive in the long term
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| Unit Price | Is the price of a single amount of something
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| brand | IS the distinctive name and logo that producers put on their products services or businesses
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| Conspicuous consumption | spending in an entravagant way which the deliberate intention of trying to impress others
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| Impluse purchase | when we make a sudden unplanned decision to buy something
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| Below cost selling | when retailers sell a product at a lower price than they paid for it
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| Guarantee | Is a promise from the manufacturer or seller to offer a refund or a replacement to anyone who purchases faulty goods within a specific period of time
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| Warranty | IS an additional promise from a manufacturer or seller to repair any faulty goods within a specific period of time
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| Informative advertising | Simply gives you information about a product such as size colour and availability
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| Persuasive advertising | Tries to convince you that you really need a product
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| Legal tender | That the notes and coins must be accepted as payment by retailers if offered by a customer
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| Deposit | Small part of the cost of the product which will reserve the product for you until you return and pay the rest of the money owned
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| Electronic Funds Transfer | Allows money to be transferred from one bank account into another account
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| Electronic Fund Transfer at the point of sale | Refers to all the systems that allow customers to pay money electronically in shops
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
dunnejl1
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