What is a franchisor's role?

Acts as an advisor or counselor for franchises

What is the order of the distribution chain?

Manufacturer, wholesaler, retailer, consumer

What does ASIC stand for?

Australian Securities and Investment Commission

What is a wholesaler?

The business that buys in large quantities from manufacturer

Do comparative tests on goods and services

The financial insitution providing cheque account facilites

What are the 3 elements of a contract?

Offer, acceptance, consideration

What is comparison shopping?

Contacting a number of sellers to obtain the best deal

studbud

Consumer Choice + General Trivia

23 termsStudBud Administration38 plays

Consumer Choice from Year 9 Commerce. Questions by Bella Matthews.

Flashcards23 cardsFPractice quizPHost liveL

Questions 23

Answers

1
What game console is this controller from?
Nintendo
Playstation
Sega Genesis
Xbox
2
What is a franchisor's role?
Oversees the construction of a new estate
Acts as a 'boss' towards franchise stores
Allow franchisees to make new products
Acts as an advisor or counselor for franchises
3
What is so fragile that sound can destroy it?
the sound barrier
silence
a flower
4
What type of retail store is a hairdresser?
Discount variety store
Specialty store
Department store
Special store
5
What is one of the 7 factors affecting consumer choice?
Do I really want it?
Do I really need it?
Can I afford it?
Age
6
What is the order of the distribution chain?
Manufacturer, wholesaler, retailer, consumer
Manufacturer, consumer, wholesaler, retailer
Manufacturer, retailer, consumer, wholesaler
Wholesaler, manufacturer, retailer, consumer
7
What is the other name of this comic book hero, other than batman?
Captain America
Dark SOldier
Dark Knight
Ironman
8
What song made Rebecca Black breifly famous?
Monday
Friday
Thursday
Saturday
9
Why is it important to manage your personal finances carefully?
All of the above
To ensure you only buy and spend on what is necessary
To ensure you pay back all your debts on time
So you only spend according to what you own and can pay off
10
What is the first step in creating a budget?
See how much money you have left over
Record your expenses
Get a job
Calculate your total income
11
What does ASIC stand for?
Australia Securities and Investment Commission
Australia Security and Investor Competition
Australia Secured Investor Complex
Australian Securities and Investment Commission
12
A _______ can live for up to 3 weeks without it's head.
Snail
Worm
Lizzard
Cockroach
13
What is a wholesaler?
The business that sells the good to a consumer
Person who buys from a retailer
The business that buys in large quantities from manufacturer
The business that makes goods
14
What do you have to give before you can take it?
A birthday gift
A hug
Your word
15
What is the plastic covering on the tip of a shoelace called?
Eyelet
Tie
Aglet
Plastic Tip
16
What does CHOICE do?
Redress consumer complaints
Do comparative tests on goods and services
Negotiate on behalf of a consumer
A financial institute
17
Who is the drawee?
The person who writes and signs the cheque
The financial insitution providing cheque account facilites
The person or business that receives the cheque
The person that orders the bank ti pay the money
18
Which of the following organisations is a federal government organisation?
NSW Fair Trading
ACL
ACCC
CHOICE
19
A slug has ______ noses
4
5
3
2
20
What goes up but never comes down?
your age
a ball
the sun
gravity
21
What are the 3 elements of a contract?
Though, agreement, consideration
Proposal, agreement, payment
Offer, acceptance, consideration
Consideration, offer, agreement
22
What is comparison shopping?
Contacting a number of sellers to obtain the best deal
Comparing different shopping methods
Testing out some product from a variety of brands
Comparing different stores
23
What is personal selling?
The selling of houses and vehicles
A telemarketing and promotion technique
One-on-one private selling
The selling of personal belongings

Consumer Choice + General Trivia Flashcards | StudBud