Unit 11 Diagnostic Quiz

Which of the following are Americans most likely to buy after seeing them on social media?

• Clothing or accessories

• Sports gear

• Pet related items or services

• Home goods

All of the following are true about the impact of social media and influencers on a consumer’s decisions EXCEPT...

• Consumers may decide to purchase something they don’t necessarily need

• Certain products may go out of stock in record time due to buying trends driven by social media

• Influencers always use credible sources when making recommendations and sharing information with their followers

• Social media can repeatedly show a consumer advertisements for products they were looking at

David wants to start using social media more mindfully. Which of the following is a good next step for him to do so?

• Delete all of his social media apps immediately to avoid spending

• Schedule time for him to binge use social media three times a year. Otherwise, he stays logged out of his accounts.

• Have a friend or family member frequently change his social media account passwords to decrease how often he logs in

• Curate his feed so that he sees fewer posts from friends, family, and influencers who make him feel like he needs to spend more

All of these are ways of influence used by advertisers EXCEPT...

• Authority

• Scarcity

• Bribery

• Liking

Which of these is an example of a company using a dark pattern?

• James passes the same store on his walk to school every day, and the manager always waves hello

• Katelyn bought concert tickets at the local arena and now gets a daily email with “Arena events today” without an unsubscribe link

• Suzuki signed up for a yearly magazine subscription and after 11 months gets a reminder that it is expiring soon

Which of the following is a realistic step a consumer can take to protect themself against dark patterns?

• Never agree to a company’s terms and conditions when on the internet

• Use a fake name for all of your social media accounts

• Avoid shopping online and do all your shopping in a physical store

• Be aware of how companies may want to influence your behavior and stick to your own spending plan

Comparison shopping is the practice of...

• Comparing a product you bought to a similar product a friend bought

• Comparing a product you purchased in the past to an updated version of that product

• Comparing the prices of two unrelated products before purchasing them

• Comparing the price, reviews, and other factors of similar products prior to making a purchasing decision

Sabaa is looking for a new backpack for school. Since her old one ripped after just two months’ of use, she is looking for something sturdy that will last her a while. Sabaa should focus primarily on __________ when comparison shopping.

All of the following are potential benefits of comparison shopping EXCEPT...

• Finding a product that fits within your budget

• Reading a user review that provides insight into the quality of the product

• Getting a guaranteed discount of at least 75% off

• Buying a product that best meets the criteria that are important to you

All of these are practical ways to protect your personal financial information EXCEPT...

• Put a freeze on your credit if you’re not opening any accounts soon

• Check your credit report at least once a year

• Avoid using any online banking or shopping services ever

• Create different passwords for different accounts