Impulse buying occurs when indivi ;snp d3ogqm(x- re(gxf f7v:1duals make unplanned purchases, often driven by immediate desires and emotions, without considering the long-term consequences or adhering to their original intentions. For instance, imagine a person who enters a store with the intention of buying only a few essential items but ends up buying several unnecessary products that caught their attenti;xo(1gn vrg (qm7df3sfxpe : -on while browsing.
The above is an example of __

  A footwear company donates a pair of shoes to0q7u*ezh)rz k a person in need for every pair of shoes purchased. The company has expanded its impact beyond shoes and now supports initiatives related to clean water, eyewear, and safe birthq k0uz r7*)ezh services.
This is an example of which alternative business objective?

  Which of the following is not anl*wh-avy6z+y p 2 *vgh example of choice architecture?

  The term “default chopvun dnq 81;ofzl+* (pice'' means:

  Recent media coverage of high-profile crimes izh grq)awa -*1e38ip hn a specific neighborhood can create an inflated perception of crime prevalence. Traq)1hg8-ap w3*eihz his bias can affect behaviors and decision-making, despite actual crime rates being lower.
Based on the above, determine which bias may influence a family if they decide not to buy a house in that specific neighborhood.

  In real estate negotiations, the seller's w vb6.0pq gg(msncauu85 .jf:;(rymfdnt 8)n initial asking price influences potential buyers' offers, with those closer to the initial asking price being perceived as.) fat5nwgn(cy qmdm.8pu; v6 g bfs0ujr :8(n more reasonable. As a result, negotiations revolve around that initial asking price, leading to a narrower range of prices.
The above is an example of which bias limiting rational consumer choice?

  Which of the following is not an assumption of ra wowevghop34,9g+)8jix2a (fvc ede1 tional consumer choice?

  You are in the market for a pre-o82sx1*pfqgm w wned vehicle and conduct an online search to find a wider range of options available in your local area. Due to time constraints, you cannot test drive all of the cars, so you employ certain criteria to narrow down your selec8xfqwp2m1* sgtion to just three vehicles.
Which of the following best describes your behavior?

  Which of the following statements are true about the con6nuc 13qk x d1af1 j05ydlpg)zcept of bounded rationality? q0lxan611 jf)cd pugk3yz1d5
I. Consumers maximise utility
II. Consumers satisfice rather than maximise utility
III. Consumers cannot process all information
IV. Consumers have perfect information

  
In the diagram above, identify the profit maximising level of output.

  A recent news headline stated that people dread c c0/8cjqxo )iq7;+bhxotx9iswimming in Australian oceans due to shark attacks. This is an exampleqxo x/b8t7qicjcio );+9 cxh0 of which bias?

  Assume there is a sepi8.yxhg .4dj j)wh.6hcvvf1n aration of firm management and firm ownership and the management has a goal of distributing dividends to shareholdersdyg6 ) h vjhjwc81fi.4xn.vh.. Which objective will the management adopt?