This quiz works best with JavaScript enabled. Home > Economics > Consumer > Behavior > Consumerism – Quiz 28 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Consumerism Quiz 28 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Things people enjoy owning/using but are not necessary for survival. A) Services. B) Needs. C) Wants. D) Consumer. Show Answer Correct Answer: C) Wants. 2. The bank will charge you a daily charge on your overdraft balance, true or false? A) True. B) False. Show Answer Correct Answer: A) True. 3. This type of store focuses on one product therefore you get the best quality but prices are higher. A) Farmer's market. B) Outlet. C) Specialty. D) Warehouse. Show Answer Correct Answer: C) Specialty. 4. Do you usually pay ..... or by credit card? A) In cash. B) On cash. C) By cash. D) None of above. Show Answer Correct Answer: A) In cash. 5. True or False:The store brand is often the same quality as the name brand, but is more expensive to buy. A) True. B) False. Show Answer Correct Answer: B) False. 6. A consumer bought a dress that was advertised to make you look ten years younger and ten pounds slimmer. Unfortunately the dress did not deliver on its promises. What right protects the consumer from this false advertising? A) Right to accurate information. B) A healthy environment. C) Freedom to choose. D) Representational rights. Show Answer Correct Answer: A) Right to accurate information. 7. He also travels ..... (frequently) than he did before. A) Frequentliest. B) Frequentlier. C) More frequently. D) More frequently. Show Answer Correct Answer: C) More frequently. 8. Making a sudden decision to buy something you didn't plan to purchase is called ..... A) Impulse Buying. B) Consumerism. C) Reckless Shopping. D) Comparison Shopping. Show Answer Correct Answer: A) Impulse Buying. 9. Which of the following is a trait of blue ocean strategy? A) Beat the competition. B) Create and capture new demand. C) Exploit existing demand. D) Compete in existing market space. Show Answer Correct Answer: B) Create and capture new demand. 10. Which of the following is the bleaching agent used in wheat flour? A) Nitrates. B) Pectin. C) Sodium. D) Chlorine dioxide. Show Answer Correct Answer: D) Chlorine dioxide. 11. What is a warranty? A) A promise made by a manufacturer or seller to repair or replace a faulty product. B) Getting information on the types and prices of products available. C) Acting in accordance with moral convictions about right and wrong. D) Receipt of funds to buy goods and services with the promise to pay in the future. Show Answer Correct Answer: A) A promise made by a manufacturer or seller to repair or replace a faulty product. 12. Which of the following words is a Synonym for Out-of-the-way? A) Far Flung. B) Nearby. C) Out-of-the-distance. D) All of the above. Show Answer Correct Answer: A) Far Flung. 13. What city became synonymous with mass car production in the 1920's? A) Detroit. B) New York. C) Pittsburgh. D) The Angels. Show Answer Correct Answer: A) Detroit. 14. Which type of companies should you choose to buy from as a conscious consumer? A) Companies that prioritize profit over everything else. B) Companies that prioritize environmental sustainability. C) Companies that prioritize unethical practices. D) Companies that prioritize mass production. Show Answer Correct Answer: B) Companies that prioritize environmental sustainability. 15. Which of these is an example of a white-collar job? A) Work in the office. B) Work in finance. C) Work in sales. D) All of the above. Show Answer Correct Answer: D) All of the above. 16. When you have no money saved, you are? A) Saving money. B) Rich. C) Poor. D) Short of money. Show Answer Correct Answer: D) Short of money. 17. How can we be a smart shopper? A) Buy everything we want at once. B) Look for discounts at several different stores. C) Spend more money than we make. D) None of above. Show Answer Correct Answer: B) Look for discounts at several different stores. 18. True or False:A warranty is something that automatically comes with the purchase of any product or service. A) False. B) True. Show Answer Correct Answer: A) False. 19. Government bodies or organizations responsible for specific tasks or functions are often referred to as: A) Agencies. B) Response. C) Welfare. D) None of above. Show Answer Correct Answer: A) Agencies. 20. Peer Pressure is NOT a factor which determines consumer wants and needs. A) False. B) True. Show Answer Correct Answer: A) False. 21. When several countries rely on each other for resources and their economy. A) Fair trade. B) Ethical consumerism. C) Global interdependence. D) None of above. Show Answer Correct Answer: C) Global interdependence. 22. Which of the following sentences is CORRECT? A) We mustn't to make any noise, my grandma is sleeping. B) We mustn't make any noise, my grandma is sleeping. C) We don't must make any noise, my grandma is sleeping. D) None of them. Show Answer Correct Answer: B) We mustn't make any noise, my grandma is sleeping. 23. Standing in the supermarket produce aisle deciding which type of apple to buy, your options include:Gala, Red Delicious, Pink Lady, Fuji, and Granny Smith. This is an example of which consumer right? A) Right to be informed. B) Right to choose. C) Right to redress. D) Right to consumer education. Show Answer Correct Answer: B) Right to choose. 24. Define comparison shopping: A) Looking at the same item in several stores to compare quality and price before you buy. B) Looking at different items in the same store to find the cheapest. Show Answer Correct Answer: A) Looking at the same item in several stores to compare quality and price before you buy. 25. Pricing means ..... A) An act of selling or attempting to sell something. B) Discover or establish the price of (something for sale). C) Obtain in exchange for payment. D) None of above. Show Answer Correct Answer: B) Discover or establish the price of (something for sale). 26. Access is something that we can get or is available A) True. B) False. Show Answer Correct Answer: A) True. 27. A savings account is, A) An account where money is stored and returns a low interest rate. B) The same thing as a checking account. C) An account that allows you to borrow money at a rate of interest. D) None of above. Show Answer Correct Answer: A) An account where money is stored and returns a low interest rate. 28. Which of the following best defines materialism? A) Choosing to only own life's most basic necessities. B) The attempt to make a lot of money. C) Placing a high importance on items that are not necessarily needed, but wanted, often with little regard for cost. D) The act of only buying one brand of material product. Show Answer Correct Answer: C) Placing a high importance on items that are not necessarily needed, but wanted, often with little regard for cost. 29. What is glittering generalities in advertising? A) Everyone" has one. B) Fears and desires. C) Experience of everyday people. D) Promises everything, delivers little. Show Answer Correct Answer: D) Promises everything, delivers little. 30. Mary is a shopaholic. She ..... garments she never wears. A) Gives away. B) Hoards. C) Purchases. D) None of above. Show Answer Correct Answer: C) Purchases. ← PreviousNext →Related QuizzesConsumer QuizzesEconomics QuizzesConsumerism Quiz 1Consumerism Quiz 2Consumerism Quiz 3Consumerism Quiz 4Consumerism Quiz 5Consumerism Quiz 6Consumerism Quiz 7Consumerism Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books