Business and Economics Review Quiz | Baamboozle - Baamboozle

Why do trends affect consumer choices

People want to fit in

They lower prices

They reduce advertising

They make budgeting easier

What is a need

Something essential for survival

Something enjoyable but not necessary

Something advertised on TV

Something your friends buy

Why might local shopping be better for the environment

It reduces food miles

It increases packaging

It requires long transport routes

It raises product prices

Why might someone prefer cash payments

It is instant with no fees

It is the newest technology

It tracks spending automatically

It earns reward points

What influences consumers through repetition and visuals

Advertising

Budgeting

Food miles

Ethical shopping

Which factor affects how much a consumer can spend

Their personal budget

Their favourite colour

The weather

The size of their shopping bag

A business selling one type of product is likely to

Keep track of the cost of producing that product

Change what they sell every day

Sell items at random prices

Not care about profit

What is revenue

The money a business earns from selling goods or services

The cost of staff wages

The total amount spent on ingredients

The number of customers visiting a shop

Why choose a more expensive eco-friendly product

They value sustainability

It always tastes better

It is always more durable

It comes with a free toy

What are food miles

How far food travels from where it was grown

The distance food travels from store to home

The number of items a store sells

The cost of transporting food

Why do businesses advertise during children’s TV shows

Their target audience is likely watching

Children never buy anything

It is the cheapest time slot

Adults prefer children’s shows

Which scenario shows peer pressure

Choosing a toy because friends have it

Buying food from a local market

Comparing prices online

Paying with cash

A consumer’s personal preference might be influenced by

What they enjoy or like

The weather forecast

Where the product is stored

The cost of electricity

Why might a business raise the price of a product

To cover higher expenses

To decrease profits

To improve working conditions for staff

To reduce advertising

What is a disadvantage of digital payments

Not everyone has devices that support them

They are too slow

They always charge high fees

They cannot be used in shops

Which option reduces food miles

Buying fruit from a local farmers’ market

Buying frozen foods

Buying strawberries flown in from overseas

Buying out-of-season produce

A budget helps people

Prioritise needs before wants

Spend more money than they earn

Avoid buying groceries

Stop shopping completely

Why might an advertisement use bright colours and catchy music

To grab the consumer’s attention

To make the ad harder to remember

To reduce costs for the business

To hide information

What is one advantage of using a card for payment

You don’t need to carry cash

No equipment needed

It always gives change

No fees ever apply

What does break even mean

Revenue equals expenses

A business loses money

A business makes extra profit

The product is sold out

Which of the following is a traditional advertisement

TV commercial

Instagram post

Online pop-up