Question

unit 3 assessment
what is meant by the term \impulse shopping\?
comparison shopping for more expensive items while doing less work to compare cheaper products
buying an item without giving it much thought, maybe because its on sale or you see it and simply love it
using your emergency fund, rather than your checking account, to make a purchase
shopping online instead of in stores

Explanation:

To determine the meaning of "impulse shopping", we analyze each option:

• Option 1: "Comparison shopping for more expensive items while doing less work to compare cheaper products" describes comparison shopping, not impulse shopping.
• Option 2: "Buying an item without giving it much thought, maybe because it’s on sale or you see it and simply love it" matches the definition of impulse shopping, which is making unplanned purchases on a whim.
• Option 3: "Using your emergency fund, rather than your checking account, to make a purchase" relates to improper fund usage, not impulse shopping.
• Option 4: "Shopping online instead of in stores" is about the shopping medium, not the nature of the purchase (impulse).

Answer:

B. Buying an item without giving it much thought, maybe because it’s on sale or you see it and simply love it