Impulse buying occurs when individuals make;kvcdx(,zo + d unplanned purchases, often driven by immediate desires an;dz,vkc+(x d od 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 attention while browsing.
The above is an example of __

  A footwear company donates a pair of shoes to a person in need for every pap3uo*p5,ln v jir of shoes purchased. The company has expanded its impact beyond shoes and now supportsp3 ,pnjl* vuo5 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 xwtj oy7,.u0kexample of choice architecture?

  The term “default choice s3xee55qm /xd2jggw*'' means:

  Recent media coverage of high-profile crimes in a specific neighbor1h:q hg9mal g8hood can create an hm 81hqg:lag9 inflated perception of crime prevalence. This 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 initial as (b)r28jujjk ng4w e*k895 iuxjvp yk.king price influences potential buyers'4 j8jv*wp.un e25b uirg)9j8kxjk( ky 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 iskho+ ;z ocqi vn *uvv8t*s*e*3 not an assumption of rational consumer choice?

  You are in the market for a pre-owned vehicle and conduv;;r2ajfe g2y5 bve3w ct an online search to find a wider range of options available in your local area. Due to time constraints, you cannot testve3y erg w5fvj2a;2 b; drive all of the cars, so you employ certain criteria to narrow down your selection to just three vehicles.
Which of the following best describes your behavior?

  Which of the following statementsbe ku*;t4 yck6 are true about the concept of bounded rationaliuec*6y t4 kkb;ty?
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 p0zdlbe j;*.2tfn q :6)0goxnjdj n *gteople dread swimming in Australian oceans due to shark attackjd:0x;ln*n)onf b 6g 0j qetgd*zt2j .s. This is an example of which bias?

  Assume there is a separation of firm management and firm ownership g0k6rie+b a5dand the management has a goal of distributing dividends to shareholders. Which obe+da 6ib5r 0kgjective will the management adopt?