BUSN 380 help Making Decisions/uophelp.com BUSN 380 help Making Decisions/uophelp.com | Page 76

Question 3. 3. (TCO 1) When someone states that he or she has purchased a good or service on impulse, this means that this individual has (Points : 1) evaluated alternatives. gathered information. comparison shopped. selected the least desirable alternative. made an unplanned purchase. Question 4. 4. (TCO 1) Food labels require (Points : 1) open dating. unit pricing. a common product name. a generic name. large lettering. Question 5. 5. (TCO 1) Service contracts may not always be the best solution for consumers because of (Points : 1) poor service from repair companies. limited coverage of repairs. weak government regulation of service contract companies. high costs and a low chance of need. the fact that few places are available for repairs. Question 6. 6. (TCO 1) When a conflict needs to be resolved, two parties may have the difference settled by a third party whose decision is legally binding. This is called (Points : 1) a legal aid society. mediation. arbitration.