Impulse buying occurs when individuals make unplanned nddvyxrk-l6v4:g h :0purchases, often driven by immediate desires and emotions, without colgn6 4xd-h:yvv :dk0 rnsidering 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 foi:hz.6 kk hbu8r every pair of shoes purchased. The company has expanded its impact beyond shoes and now supports initiatives related to clean wa6h.h kui8z:bkter, eyewear, and safe birth services.
This is an example of which alternative business objective?

  Which of the following is not an example of choice architec8zmuy9i rh8n l:e:yx ,ture?

  The term “default choice'' qu x(azyqr1e( 2 id(6hmeans:

  Recent media coverage of high-profile crimes in a specific neighborhood c,apw5sij2t7rd0vk1 / jh3tml an create an inflated perception /1hv2isd tmr t 5j 3kjl7w,pa0of 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 influe awznj,osh0g 9w4 p2iic 04e8xnces potential buyers' offers, with those closer to the initial asking price being perceived as more9 npwzcgoj82w,4x4i ih0 0sa e 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 rationalj ej4+z n1h8yl1 s1uyk consumer choice?

  You are in the market for a pre-owned vehicle and conduct an on;.as0 l .tiptca7 xdd9qgd)y /line search to find a g pc)iql0. dyst7t.da dax9/;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 selection to just three vehicles.
Which of the following best describes your behavior?

  Which of the following statemez)la(w g*ada*v( dx4p, r vn6wnts are true about the concept of bounded rationality? x arw wvdz4p6*v*ld(g, ana) (
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 swimmin)sv:)wx:1e nc)hnigo 3 w 5egng in Australian oceans due to sic egw:) x3e5vonw):h g)n1 nshark attacks. This is an example of which bias?

  Assume there is a separation of firm management and fir x5(itlvzuu+.lcp47b m ownership and the management has a goal of dis+l .uilv4 (xbc7zt5u ptributing dividends to shareholders. Which objective will the management adopt?