This quiz works best with JavaScript enabled. Home > Consumer > Behavior > Consumerism – Quiz 12 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Consumerism Quiz 12 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What is the disadvantages of online shopping? A) Lower prices. B) Frauds and scams. Show Answer Correct Answer: B) Frauds and scams. 2. Which of the following is a need and not a want? A) Cable. B) Phone. C) Groceries. D) Air conditioning. Show Answer Correct Answer: C) Groceries. 3. This group is slower to try new products, entering into the market only after their peers have actively embraced the product. A) Innovators. B) Adopters. C) Early majority. D) Late majority. Show Answer Correct Answer: C) Early majority. 4. Which of the following countries have the highest GDP in North America? A) Mexico. B) Canada. C) U.S. D) They all have the same. Show Answer Correct Answer: C) U.S. 5. The Right to Safety A) Ensures the airbags in my car won't go off at the wrong time. B) I can look at the reviews of a Restaurant on Yelp and see the Score the Health Department gave it. C) I can complain to the grocery store manager that I bought spoiled milk. D) The grocery store manager will replace the spoiled milk I bought with fresh. Show Answer Correct Answer: A) Ensures the airbags in my car won't go off at the wrong time. 6. What does PIN stand for? A) Personal Item Number. B) Personal Identification Number. C) Personal Item Name. D) None of above. Show Answer Correct Answer: B) Personal Identification Number. 7. Regular purchases that satisfy basic human necessities A) Routine purchases. B) Occasional purchase. C) Risky purchases. D) Impulse purcheses. Show Answer Correct Answer: A) Routine purchases. 8. Our consumer right to be heard ..... A) Means we can protest a company for its practices. B) Businesses by law, must respond to consumer complaints. C) Consumers have the right to have complaints heard by businesses. D) Companies cannot suppress consumer's concerns. Show Answer Correct Answer: C) Consumers have the right to have complaints heard by businesses. 9. The best way to utilize credit card spending is for borrowers to make the minimum monthly payment. A) TRUE. B) FALSE. Show Answer Correct Answer: B) FALSE. 10. Which country is the world's largest consumer? A) China. B) India. C) America. D) Russia. Show Answer Correct Answer: C) America. 11. EX.3 (Page 75). ARE THESE STATEMENTS "FACTS" OR "OPINIONS" .5.-It's best to borrow money from pessimists because they don't expect you to give it back. A) Fact. B) Opinion. Show Answer Correct Answer: B) Opinion. 12. Protection against hazardous products A) Right to safety. B) Right to be informed. C) Right to choose. D) None of above. Show Answer Correct Answer: A) Right to safety. 13. What is rational choice? A) Income remaining for a person to spend or save after all taxes have been paid. B) Money income a person has left to spend on extras after necessities have been bought. C) Choosing the alternative that has the greatest value from among comparable-quality products. D) Advertising that attempts to persuade consumers that a product is different from and superior to any other. Show Answer Correct Answer: C) Choosing the alternative that has the greatest value from among comparable-quality products. 14. In country A, families, when carrying out their consumption, behave in accordance with Engel's law. It can, therefore, be stated that the weight of food expenditure in total household consumption expenditure A) Increases as disposable income increases. B) Decreases as disposable income increases. C) Remains the same as disposable income decreases. D) Remains the same as disposable income increases. Show Answer Correct Answer: B) Decreases as disposable income increases. 15. Translate the word 'visiblemente' to English. A) Obviously. B) Visibly. C) Visibly. D) Clearly. Show Answer Correct Answer: B) Visibly. 16. Choose "True" or "False" as appropriate:Within the domestic free trade, the government is the figure that must function as a guarantor of property rights, consumer rights and compliance with legal contracts or agreements. A) True. B) False. Show Answer Correct Answer: A) True. 17. The bureau of standards responsibility is to: A) Conduct tests on products. B) Insist on good manufacturing practices. C) Maintain quality and careful labeling. D) All of the above. Show Answer Correct Answer: D) All of the above. 18. The ice cream shop A) The clothing store. B) The bakery. C) The shoe store. D) The ice cream shop. Show Answer Correct Answer: D) The ice cream shop. 19. What is a benefit of offering good customer service? A) Reduced tax. B) Repeat business. C) Lower Costs. D) None of above. Show Answer Correct Answer: B) Repeat business. 20. When having a disagreement with a customer, typically you should: A) Lower my voice to an ominous whisper. B) Maintain a normal voice level. C) Raise my voice slightly. D) Raise my voice level markedly. Show Answer Correct Answer: B) Maintain a normal voice level. ← PreviousNext →Related QuizzesConsumer QuizzesConsumerism Quiz 1Consumerism Quiz 2Consumerism Quiz 3Consumerism Quiz 4Consumerism Quiz 5Consumerism Quiz 6Consumerism Quiz 7Consumerism Quiz 8Consumerism Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books