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Chapter 7 Bargain Shopping Exam Questions and Answers

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Chapter 7 Bargain Shopping Exam Questions and Answers Getting the best deal on a purchase involves doing all of the following - ANSWER-Having patience, Negotiating, Shopping around to find the best deal Which of the following is typically a good place to find a deal? - ANSWER-Online auctions, ...

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  • November 3, 2024
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KaylinHoffman
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Chapter 7 Bargain Shopping Exam

Questions and Answers


Getting the best deal on a purchase involves doing all of the following - ANSWER✔✔-Having patience,

Negotiating, Shopping around to find the best deal


Which of the following is typically a good place to find a deal? - ANSWER✔✔-Online auctions,

Consignment shops, Individuals


Which of the following describes why using cash is a great bargaining tool? - ANSWER✔✔-Cash is

emotional, Cash is visual, Cash has immediacy.


Joe tries to bargain at an electronics store but is unable to negotiate the price down. What should be his

next step? - ANSWER✔✔-Walk away


Using a cost-benefit analysis approach to your buying decisions will make you a - ANSWER✔✔-wise

consumer.


In addition to economic savings, _____________ also enjoy improved health and have a positive impact

on the larger social and even global environment. - ANSWER✔✔-wise consumers


Being a wise consumer involves developing a variety of skills, from - ANSWER✔✔-product research to

careful comparative analysis.


Which of the following is true about the ʺIf Iʺ take-away technique? - ANSWER✔✔-This technique

involves negotiating the lowest price possible, then throwing something else into the deal.



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