The Informed Consumer

The newspaper is a valuable resource because it offers

A. articles and advertisements related to consumer issues.

When evaluating the usefulness of information, you want to make sure

A. it is up to date.

Which of the following is NOT a guideline to follow when evaluating consumer information?

C. Submit private information regardless of who is asking.

When using the Internet to conduct consumer research, be sure to

D. All of the Above

Building a foundation in the knowledge of consumer needs and interests will help you to

D. make wise economic decisions in the marketplace.

Sources of consumer information might include ____.

D. All of the Above.

A reliable source of information on one subject is also a good source for facts on other subjects.

False

It is NOT necessary to know the source of information in order to judge its reliability and usefulness.

False

A valuable resource that is often overlooked is the newspaper. Identify how the newspaper can help you to become an informed consumer?

The newspaper offers articles in almost every section related to consumer issues and information. The finance section can provide you with information on government regulations that are affecting business, the local section can provide information on events in business and government that affect consumers and the economy, and the advertisements provide you with information on sales and coupons.

People, places, and organizations can provide valuable information related to consumer needs and interests.

True

The Internet allows you to comparison shop for goods and services from home.

True

A measure of accuracy.

reliability

It is important to identify the primary purpose of the information before deciding if it is useful.

true

Knowing and using the resources available in your community will help you to make intelligent consumer decisions.

true