Description
Making good buying decisions requires having accurate and useful information about the products and services that you are thinking about buying. Conduct research at various consumer websites that can help you make these decisions. Spend a few minutes researching these websites to help you with this webquest.
- Consumer Product Safety Commission . https://www.cpsc.gov/
- Federal Trade Commission . https://www.ftc.gov/
- Food and Drug Administration . https://www.fda.gov/safety/recalls-market-withdrawals-safety-alerts
Having accurate and useful information is just one step in the consumer buying process. Let’s take a look at what else you need to do to make wise buying decisions.
Answer the questions with complete sentences:
If you were going to buy a fuel-efficient car, which three would you consider? Why?
What three consumer products have been recently recalled and why?
What tips for spending money wisely does the FTC provide?
What types of products does the FDA issue recalls for? Be sure to list them all.
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Running head: MAKING BUYING DECISIONS
Making Buying Decisions
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MAKING BUYING DECISIONS
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Making Buying Decisions
If you were going to buy a fuel-efficient car, which three would you consider? Why?
Buying a fuel-efficient car is beneficial not only to the owner but also to the environment.
The first fuel-efficient car that I would consider is Honda Civic Hybrid. The automotive product
is fuel-efficient and its price is quite affordable (Chen, Hu & Knittel, 2017). In addition to the
fuel cost and purchasing price, the maintenance cost of the Honda Civic Hybrid is also effective.
The second fuel-efficient car that I would consider is Toyota Prius. It is among the most
affordable fuel-efficient vehicles. Apart from that, it is also among the most eco-friendly
vehicles.
The final fuel-efficient car that I would prefer is Lexus CT 200h. The purchasing price of
Lexus CT 200h is appropriate (Chen and Knittel, 2017). Apart from less maintenance costs and
being fuel-efficient, the vehicle is also luxurious. Purchasing a fuel-efficient car is relevant as
they can go for long-distance at low fuel cost and they are also less air pollut...