Needs, Wants and Aspirations

Pregunta 1 de 20

1

Which one of these statements is viewed as a aspiration?

Selecciona una de las siguientes respuestas posibles:

Meal in a restaurant with your family.
Having set of basic clothing.
Buying a car in few years time.
Buying decorations for your house.

Explicación

Pregunta 2 de 20

1

What is seen as a need?

Selecciona una de las siguientes respuestas posibles:

Water.
Going out with friends every weekend.
Having a computer.
Having a Wi-Fi.

Explicación

Pregunta 3 de 20

1

What doesn't change over a person's life cycle?

Selecciona una de las siguientes respuestas posibles:

Needs
Wants
Aspirations
Values

Explicación

Pregunta 4 de 20

1

How do you call things that are considered to be important?

Selecciona una de las siguientes respuestas posibles:

Needs
Wants
Aspirations
Values

Explicación

Pregunta 5 de 20

1

Sam is 25. Sam has aspiration of going to university. How he is going to satisfy this aspiration?

Selecciona una de las siguientes respuestas posibles:

He will ask his friends to lend him some money.
He will do nothing and give up on aspiration.
He will open savings account and save money in medium-term.
He will insure his car.

Explicación

Pregunta 6 de 20

1

What is a mortgage?

Selecciona una de las siguientes respuestas posibles:

Short-term borrowing
Medium-term saving
Medium-term borrowing
Long-term borrowing

Explicación

Pregunta 7 de 20

1

Is the following statement is TRUE?
Investments, pensions and insurance are products that satisfy peoples medium and long term wants and aspirations.

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 8 de 20

1

Is the following statement TRUE?
Taking a mortgage is a want.

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 9 de 20

1

Which of these sets of factors are only internal?

Selecciona una de las siguientes respuestas posibles:

Values, Beliefs,Attitudes,Perceptions,Marketing
Peer pressure, Trends and Role models, Values, Beliefs
Preferences,Perceptions, Beliefs, Values, Attitudes
Culture, Promotion, Public relations, Product placement and sponsorship, Marketing

Explicación

Pregunta 10 de 20

1

Values help people to distinguish between what they consider to be needs and what they consider to be wants, and to from their aspirations.
What is another function of the values?

Selecciona una de las siguientes respuestas posibles:

They help people to plan their finances and to decide between different alternatives.
They influence the way people see financial services and the firms that provide them.
Refer to how , at a given time and place, people think and feel about another person, an event or an issue.
Affect the way they feel about the products with which they are surrounded.

Explicación

Pregunta 11 de 20

1

What is the example for a belief?

Selecciona una de las siguientes respuestas posibles:

A person might believe that banks will crash and this would make them wary of saving their money in a bank account.
A person might believe that it's important to plan for a future.
A person is interested in planning for a future.
Using on-line banking services because they are more convenient.

Explicación

Pregunta 12 de 20

1

Who would have a positive attitude towards saving for the old age?

Selecciona una de las siguientes respuestas posibles:

Children
Teenagers
Young adults
Old people

Explicación

Pregunta 13 de 20

1

Attitude to risk can be as positive as negative. People with positive attitude to risk are known as risk tolerant. Is it true?

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 14 de 20

1

Is marketing an internal factor?

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 15 de 20

1

How does marketing influence people?

Selecciona una de las siguientes respuestas posibles:

If a person needs to decide on a financial product and he saw a good review on it in a newspaper, they are more likely to take this financial product.
If a person heard a positive recommendation from his friend on a certain product, that person will be more tolerant towards that product.
If a product is advertised by a celebrity, it's more likely that a person will decide on that product.
If it's morally wrong to buy a particular product, a person will not buy it.

Explicación

Pregunta 16 de 20

1

What is TRUE about advertising?

Selecciona una de las siguientes respuestas posibles:

It's used to inform and persuade.
It's known as 'below the line' expenditure.
It's entire message is to implicit.
It involves a product appearing on a TV show or in a film.

Explicación

Pregunta 17 de 20

1

What is usually found in the 'small print' ?

Selecciona una de las siguientes respuestas posibles:

Terms and conditions that determine the amount of interest received on a savings account and the amount of interest and fees charged on the loan.
Information about the provider.
Warnings about how peer pressure can influence your decision.
Date when the financial product will not be available.

Explicación

Pregunta 18 de 20

1

What is 'below the line' expenditure?

Selecciona una de las siguientes respuestas posibles:

Part of the promotion that is not paid for directly but which keeps a business's product in the public eye.
Promotion of a product that is considered to be very cheap.
Promotion of a product that is paid directly in order to keep business's product in the public eye.
Part of the promotion that is very expensive but very effective to the business.

Explicación

Pregunta 19 de 20

1

Is that true that PR activities cost money, but they contribute to the general reputation of a business and are not directly related to the brands that the business sells?

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 20 de 20

1

Is it important to set priorities to your wants and aspirations in order to afford most of them?(true=important, false= not important)

Selecciona uno de los siguientes:

VERDADERO
FALSO

	Creado por Jevgenija Zukova hace más de 8 años

Quiz on topic 1 in Unit 2 of CeFS It has explanations on the right and wrong answers!

Needs, Wants and Aspirations

Needs, Wants and Aspirations

Pregunta 1 de 20

Which one of these statements is viewed as a aspiration?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 2 de 20

What is seen as a need?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 3 de 20

What doesn't change over a person's life cycle?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 4 de 20

How do you call things that are considered to be important?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 5 de 20

Sam is 25. Sam has aspiration of going to university. How he is going to satisfy this aspiration?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 6 de 20

What is a mortgage?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 7 de 20

Is the following statement is TRUE? Investments, pensions and insurance are products that satisfy peoples medium and long term wants and aspirations.

Selecciona uno de los siguientes:

Explicación

Pregunta 8 de 20

Is the following statement TRUE? Taking a mortgage is a want.

Selecciona uno de los siguientes:

Explicación

Pregunta 9 de 20

Which of these sets of factors are only internal?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 10 de 20

Values help people to distinguish between what they consider to be needs and what they consider to be wants, and to from their aspirations. What is another function of the values?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 11 de 20

What is the example for a belief?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 12 de 20

Who would have a positive attitude towards saving for the old age?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 13 de 20

Attitude to risk can be as positive as negative. People with positive attitude to risk are known as risk tolerant. Is it true?

Selecciona uno de los siguientes:

Explicación

Pregunta 14 de 20

Is marketing an internal factor?

Selecciona uno de los siguientes:

Explicación

Pregunta 15 de 20

How does marketing influence people?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 16 de 20

What is TRUE about advertising?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 17 de 20

What is usually found in the 'small print' ?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 18 de 20

What is 'below the line' expenditure?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 19 de 20

Is that true that PR activities cost money, but they contribute to the general reputation of a business and are not directly related to the brands that the business sells?

Selecciona uno de los siguientes:

Explicación

Pregunta 20 de 20

Is the following statement is TRUE?
Investments, pensions and insurance are products that satisfy peoples medium and long term wants and aspirations.

Is the following statement TRUE?
Taking a mortgage is a want.

Values help people to distinguish between what they consider to be needs and what they consider to be wants, and to from their aspirations.
What is another function of the values?