Impulse buying occurs when individuals make unplanned purchases, often drive1i 5808jo g eqv1dwwfa7w ,dpoq n*8ucn 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 upa q8o7 c8v 1wnd58w dg,e0wiqoujf1p* buying several unnecessary products that caught their attention while browsing.
The above is an example of __

  A footwear company donates a pair of shoes t;c u0)r jh2h/c ypeeekr9 9+yvo a person in need for every pair of s+jue/;0vrp hykhr)c9 e9ecy2hoes purchased. The company has expanded its impact beyond shoes and now supports initiatives related to clean water, eyewear, and safe birth services.
This is an example of which alternative business objective?

  Which of the following is not an example of choice architecgp:(d fnat 0r/6nwi7xture?

  The term “default choice'' means-cozus 3gs:;s8pa:p n:

  Recent media coverage of high-profile crimes in a specific neighborhood can crea zbsmi,kugr*k(z,3r; kau8: vte an inflated perception of crime prevalence. This bias can affect behavi8k,zu ( k :vm;irk,bs ur*agz3ors 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 negotiatiovyi7 j,g7r;e lns, the seller's initial asking price influences potential buye7 y;lvr,gji7 ers' offers, with those closer to the initial asking price being perceived as 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 noo/ fq0dn 4zepi7/czx ,t an assumption of rational consumer choice?

  You are in the market foc iif)fyz+s 73klt9 e,r a pre-owned 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 y +9 ksf, yz7)tifi3lceou employ certain criteria to narrow down your selection to just three vehicles.
Which of the following best describes your behavior?

  Which of the following statemenh7x)jjok/m 5ets are true about the concept of bounded rationality/ko hjx5m7)ej?
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 swimming in Australian oceans dutpt+zz)kxx )to 7x) q4q5s7sae to shark attackst xp7stxo7qkz) +qxa 5)ts4) z. This is an example of which bias?

  Assume there is a separation of firm management and firm ownej*hf p6fd6-o0tw ugw 6-auefc + 6wj2drship and the management has e* dwu66f f g+ah jdcpo62-wf 60jut-wa goal of distributing dividends to shareholders. Which objective will the management adopt?