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Tips for Making Informed Purchases Online and In Stores

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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?

They can result in financial losses for the company Signup and view all the answers

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

Selling bonds Signup and view all the answers

How can individuals support companies they trust financially?

By investing in their stocks Signup and view all the answers

What is e-commerce?

The process of buying and selling goods and services over the Internet Signup and view all the answers

How can search engines be useful for online consumers?

By providing quick access to product information and shopping sites Signup and view all the answers

Why are electronic comparison sites mentioned in the text?

To allow consumers to compare products based on price or quality Signup and view all the answers

How do savvy online consumers use technology research tools?

To make purchasing decisions that best suit them Signup and view all the answers

What role do search engines play in online shopping?

They provide detailed descriptions of products and links to shopping sites Signup and view all the answers

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

To make decisions that are suitable for their needs Signup and view all the answers