How does advertising typically influence consumer decisions?

Creates brand awareness and desire

Why is customer service important for consumer decisions?

Enhances customer satisfaction and loyalty

Which of the following is a common marketing strategy?

Offering discounts and promotions

Which of the following is a common social media tactic?

By creating viral trends and challenges

How does culture influence consumer behaviour?

Shapes preferences and spending habits

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Factors influencing consumer & financial decisions

17 termsStudBud Administration285 plays

Year 9 Commerce - Explain factors influencing consumer and financial decisions, for example advertising/marketing, age, convenience, culture, customer service, disposable income, environmental considerations and social media

Flashcards17 cardsFPractice quizPHost liveL

Questions 17

Answers

1
How does advertising typically influence consumer decisions?
By offering free samples
By reducing product price
Creates brand awareness and desire
Provides detailed product information
2
Why is customer service important for consumer decisions?
Limits product availability
Increases product prices
Enhances customer satisfaction and loyalty
Reduces marketing costs
3
Which age group is more likely to spend money on healthcare?
Young adults
Teens
Elders
Children
4
Which of the following is a common marketing strategy?
Reducing customer service quality
Offering discounts and promotions
Increasing product prices
Limiting product availability
5
Which factor influences consumers to buy eco-friendly products?
Advertising
Cultural norms
Convenience
Environmental impact
6
Which of the following is a purchase influenced by disposable income?
Luxury vacations
Rent payments
Groceries
Utility bills
7
Which age group is most likely to spend more on technology and gadgets?
Elders
Teens
Young adults
Children
8
Which of the following is a cultural factoring influencing choices?
Religious beliefs
Technological advancements
Economic policies
Seasonal changes
9
Which of the following is a sign of good customer service?
Limited return policies
Long wait times
Prompt and pleasant assistance
Unhelpful staff
10
How does disposable income affect spending?
Higher increases spending
Has no impact
only impacts savings
Lower increases purchases of luxury items
11
Which of the following is a common social media tactic?
By reducing advertising costs
By limiting product availability
By creating viral trends and challenges
By providing unbiased product reviews
12
Which of the following decisions is influenced by environmental impact?
Buying luxury goods
Using disposable products
Choosing public transportation
Shopping at convenience stores
13
How does culture influence consumer behaviour?
Sets legal purchasing limits
Shapes preferences and spending habits
Influences product pricing
Determines product availability
14
Which of the following best describes a convenience factor?
High product cost
Complex return policies
User-friendly apps
Long delivery times
15
Which of the following is NOT a factor influencing decisions?
Convenience
Age
Advertising/Marketing
Weather
16
What key feature of convenience influences decisions?
Customer reviews
Ease of access and use
Brand reputation
Product durability
17
How does social media influence decisions?
Shows trends and endorsements
By reducing product visibility
Limiting product information
By providing unbiased product reviews

Factors influencing consumer & financial decisions Flashcards | StudBud

Factors influencing consumer & financial decisions

17 termsStudBud Administration285 plays

Flashcards17 cardsFPractice quizPHost liveL

Questions 17

Answers

1
How does advertising typically influence consumer decisions?
By offering free samples
By reducing product price
Creates brand awareness and desire
Provides detailed product information
2
Why is customer service important for consumer decisions?
Limits product availability
Increases product prices
Enhances customer satisfaction and loyalty
Reduces marketing costs
3
Which age group is more likely to spend money on healthcare?
Young adults
Teens
Elders
Children
4
Which of the following is a common marketing strategy?
Reducing customer service quality
Offering discounts and promotions
Increasing product prices
Limiting product availability
5
Which factor influences consumers to buy eco-friendly products?
Advertising
Cultural norms
Convenience
Environmental impact
6
Which of the following is a purchase influenced by disposable income?
Luxury vacations
Rent payments
Groceries
Utility bills
7
Which age group is most likely to spend more on technology and gadgets?
Elders
Teens
Young adults
Children
8
Which of the following is a cultural factoring influencing choices?
Religious beliefs
Technological advancements
Economic policies
Seasonal changes
9
Which of the following is a sign of good customer service?
Limited return policies
Long wait times
Prompt and pleasant assistance
Unhelpful staff
10
How does disposable income affect spending?
Higher increases spending
Has no impact
only impacts savings
Lower increases purchases of luxury items
11
Which of the following is a common social media tactic?
By reducing advertising costs
By limiting product availability
By creating viral trends and challenges
By providing unbiased product reviews
12
Which of the following decisions is influenced by environmental impact?
Buying luxury goods
Using disposable products
Choosing public transportation
Shopping at convenience stores
13
How does culture influence consumer behaviour?
Sets legal purchasing limits
Shapes preferences and spending habits
Influences product pricing
Determines product availability
14
Which of the following best describes a convenience factor?
High product cost
Complex return policies
User-friendly apps
Long delivery times
15
Which of the following is NOT a factor influencing decisions?
Convenience
Age
Advertising/Marketing
Weather
16
What key feature of convenience influences decisions?
Customer reviews
Ease of access and use
Brand reputation
Product durability
17
How does social media influence decisions?
Shows trends and endorsements
By reducing product visibility
Limiting product information
By providing unbiased product reviews