Impulse buying occurs when individuals make unplanned purchases, often,d/a wi1v(/u-uf6 h aj)fiahr driven by immediate desires and emotions, without consuvf1 iha 6jfd hu/ia)-raw/(,idering 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 yt 4mli/d:y7u pair of shoes purchased. The company has expanded its impact beyond shoes and now support47y:u m /tdlyis 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 archit 80s* so0lpez;eraix+ml( cze +)/telecture?

  The term “default choice'' m3lonx72:z,*xz nyrh heans:

  Recent media coverage of high-profile crimes in a specific neigld :1e 5p6z4x-cgf hbl2eoq 8zcmw 70lhborhood can create an inflaw5 lgbpz6 70fmcc:41zqdeh-xlo l82 eted 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 asking price influenc4p yaz7 n z,olkgvl;0 u1nk,)ies potential buyers' offers, with those closer to the initial asking price being perceived as more reasonablo;yz4n7kkl1) 0u,g alni,pz ve. 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 not8yl5wxy vmec8 8z*xq; an assumption of rational consumer choice?

  You are in the market for a pre-owned vehicle and conduct an online search totg).mcky ;3.i3aj h ew5 qa)he 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 y g 3c3. e)teaw;kqjm5)h a.hito narrow down your selection to just three vehicles.
Which of the following best describes your behavior?

  Which of the following statementkjxz oaj6f30+b gd5ep(7q0kt s are true about the concept of bounded rationality? 6ap75e0 o+zbxjt3dqkf g0 j (k
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 49-5rm 1cph pelrqrp7 oceans due to shark attacks. This is an example of whichrhrp5mq p4197ce lp- r bias?

  Assume there is a separation of firm manau *xy zyx)*a6 o4coxw:gement and firm ownership and the management has a goal :yxz4*6)ca* woyxx uoof distributing dividends to shareholders. Which objective will the management adopt?