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Unit 4 Critical Consumerism Flashcards | StudBud
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Unit 4 Critical Consumerism
Unit 4 Critical Consumerism
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Questions
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Answers
1
How can you avoid scams?
Answer unsolicited calls
Don't answer unsolicited calls
Click on spam email links
Click on ads that pop up on websites
2
What is the maximum liability on a debit card?
$350
$75
$1000
unlimited
3
Bandwagon: Advertisement that...
suggests that a choice or action will lead to something terrible.
tries to get you to go with the crowd.
uses factual information & objective numbers to convince you of whats right
"stacks the deck" in favor of one side.
4
Socially responsible companies should
NOT
:
harm the environment
hire good workers
respect human rights
pay taxes
5
All of these are strategies of comparison shopping EXCEPT…
Shopping exclusively online
Checking competitors' prices
Considering the brand reputation
Reading reviews
6
What is a warranty?
Compensation for a faulty product
written promise to repair/replace a faulty product under certain conditions
A statutory obligation to replace or repair a faulty product
Replacement or repair of a faulty product
7
Advertising strategies include...
testimonial
celebrity endorsement
All of the above
bandwagon
8
An individual's liability for unauthorized credit card charges is much higher than debit card.
False
True
9
Most states have "lemon laws." These laws generally cover:
Farm equipment
All of these
Used cars
New cars
10
What is the opposite of comparison shopping?
saving
researching
budgeting
impulse buying
11
Which is an example of a buycott?
Jane eats a salad from Wendys because it's healthier
Mary buys from Coke because it uses sustainable packaging
Bob refuses to buy from Nike because they use child labor
Jim buys the highest quality products
12
What is one of the problems with Consumerism?
Producers get greedy
Consumers keep demanding more
Producers have trouble producing enough
It can lead to environmental problems
13
Define this advertising technique: Facts and Figures
Advertisers use facts and statistics to convince you to buy a product.
Advertisers make it seem that everyone buys this product.
Advertisers use celebrities and "real users" to sell a product.
Advertisers make this product seem cutting edge and new.
14
What to do after your identity is stolen
see if you can find the thief
nothing
call 911
Review your credit reports
15
To avoid identity theft passwords should:
use number and special symbols
always be your pet's name
be simple to remember
be used on multiple website accounts
16
Define this advertising technique: Testimonials
Advertisers make this product seem cutting edge and new.
Advertisers use celebrities and "real users" to sell a product.
Advertisers use facts and statistics to convince you to buy a product.
Advertisers make it seem that everyone buys this product.
17
What do people try to obtain when phishing?
Credit Card Information
All of the above
Usernames
Passwords