Tips for Making Informed Purchases Online and In Stores
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Questions and Answers

What is a stock exchange?

  • A website for sharing consumer reviews of products
  • A platform for exchanging laptops for other electronic devices
  • A market where individuals can buy and sell shares of stock (correct)
  • An online tool to compare stock prices

Why should consumers be careful when reading online consumer reviews?

  • Reviews are always accurate and honest
  • They provide reliable information on all products
  • Reviews are only posted by companies themselves
  • Some reviews are fake or exaggerated (correct)

What do individuals obtain when they buy company shares?

  • Ownership in the company (correct)
  • Access to the company's social media accounts
  • Coupons for discounts on company products
  • Free samples of the company's products

How can negative online posts affect a company's business?

<p>They can result in financial losses for the company (C)</p> Signup and view all the answers

What is a way companies raise money aside from selling stocks?

<p>Selling bonds (B)</p> Signup and view all the answers

How can individuals support companies they trust financially?

<p>By investing in their stocks (B)</p> Signup and view all the answers

What is e-commerce?

<p>The process of buying and selling goods and services over the Internet (B)</p> Signup and view all the answers

How can search engines be useful for online consumers?

<p>By providing quick access to product information and shopping sites (C)</p> Signup and view all the answers

Why are electronic comparison sites mentioned in the text?

<p>To allow consumers to compare products based on price or quality (A)</p> Signup and view all the answers

How do savvy online consumers use technology research tools?

<p>To make purchasing decisions that best suit them (C)</p> Signup and view all the answers

What role do search engines play in online shopping?

<p>They provide detailed descriptions of products and links to shopping sites (B)</p> Signup and view all the answers

Why is it important for consumers to think before purchasing items online?

<p>To make decisions that are suitable for their needs (C)</p> Signup and view all the answers

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