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Chapter 5 Review Flashcards | StudBud
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Chapter 5 Review
Chapter 5 Review
16 terms
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StudBud Administration
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This Quiz will review the learning objectives and material in Chapter 5.
Flashcards
16 cards
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Practice quiz
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Questions
16
Answers
1
What’s the main reason why people have trouble being content?
Comparison
Income
Marketing
Patience
2
_____ is all the ways the value of a product or service is communicated.
Marketing
Impulse buying
Brand recognition
Identity theft
3
_____ is when someone else uses your personal information to commit fraud.
Digital payment
Opportunity cost
Mobile pay
Identity theft
4
_____ occurs when you use shopping to change or boost your mood.
Retail therapy
Opportunity cost
Contentment
Prefrontal cortex
5
Short, entertaining ads on social media are called what?
Native advertising
Snack videos
Retargeting
Content marketing
6
Impulse buying is a surefire way for you to do what?
Bust your monthly budget
Find personal contentment
Spend less
Get a deal
7
When you choose to spend your money now instead of invest it so it‘s worth more in the future, you‘ve experienced . . .
the opportunity cost.
identity theft.
consumerism.
impulse buying.
8
_____ will often cause you to overspend or spend more than you‘ve budgeted in a category.
Identity theft
Impulse buying
Brand recognition
Card fraud
9
Your brain uses the ____ to process and manage stress responses.
amygdala
gut
onomatopoeia
brain
10
When you‘re buying things online, what should you look for first?
Digital payments
A good price
An HTTPS site
Good reviews
11
What‘s the first thing you need to have so you can develop power over purchase?
Cash
A credit card
Mobile pay
A budget
12
Identifying a specific product by its logo, jingle, or name is called . . .
marketing
brand recognition
impulse buying
consumerism
13
You were a victim of _____ if someone used your debit or credit card without your permission.
card fraud
consumerism
digital payment
buyer's remorse
14
Where‘s the main place a young adult can find daily examples of targeted marketing?
Billboards
Social media
Radio
Television
15
If you've ever bought something and then felt guilt or regret later, you‘ve experienced . . .
identity theft
impulse buying
consumerism
buyer's remorse
16
Since it‘s where most young adults spend their time, 50% of retailers spend at least half of their marketing money on:
social media advertising.
billboards.
radio advertisements.
TV commercials.