1) What does 'No Buy in 25' mean? a) Spend less on unnecessary things b) Spend more on new things c) Buy everything on sale d) Save for future 2) The opposite of influencing is... a) De-influencing b) Re-influencing c) Over-influencing d) Under-influencing 3) FOMO stands for... a) Fear of Missing Out b) Feeling of Money Overuse c) Fun on Many Occasions d) Fear of Money Out 4) An impulse buy is... a) An unplanned purchase b) A planned weekly shop c) A purchase made with a coupon d) A budgeted expense 5) Frugality means... a) Being careful with money b) Spending freely c) Always saying no to fun d) Investing in stocks 6) Sunk cost is... a) Money already spent that you can’t get back b) Money you save in the bank c) Future expenses d) A refundable deposit 7) A capsule wardrobe is... a) A small mix-and-match set of clothes b) A closet full of luxury items c) A store where you buy clothes d) A seasonal collection 8) Thrifting helps the environment because... a) It reuses clothes b) It makes shopping faster c) It is always cheaper d) It reduces waste 9) One way to avoid impulse buying is... a) Wait 24 hours before buying b) Always shop online c) Buy the most expensive option d) Use cash only 10) Countdown timers in ads create... a) Urgency to buy b) Extra discounts c) Less interest in products d) More choices

Understanding Consumer Behavior

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