Business And Consumer Education #2

Front 1

Steps to create a personal budget.

Back 1

1) Determine monthly income from all sources.
2) Determine monthly costs accurately.
3) Record revenues and expenses for the current cost period.
4) Establish monthly estimates for expenses.
5) Track actual expenses as they occur.
6) Automate the process to make it repeatable

Front 2

A method used to control income sources and the advance of various types of expenditures.

Back 2

Budgeting

Front 3

What do you called pricing strategies used to encourage consumers to buy a greater quantity by offering more value at a higher price?

Back 3

Marketplace decisions

Front 4

Name some of the type of information resources available for consumers today.

Back 4

U.S. Office of Consumer Affairs, Consumer Product Safety Commission, Better Business Bureau, and Consumer Federation of America and the internet,

Front 5

What bill in 1960, did President Kennedy introduced for the consumer?

Back 5

Consumer Rights Bill

Front 6

What are the rights given consumers under the Consumers Right Bill?

Back 6

1) The right to safety.
2)The right to be informed.
3) The right to choose.
4)The right to be heard.
5) The right to education.
6) The right to redress:

Front 7

Right be protected against the marketing of products and services that are hazardous to health or to life.

Back 7

The right to safety

Front 8

Right to be protected against fraudulent, deceitful, or grossly
misleading information, advertising, labeling, or other practices, and to be given thefacts needed to make informed choices.

Back 8

The right to be informed

Front 9

Right to have available a variety of products and services at
competitive prices.

Back 9

The right to choose

Front 10

Right to be assured that consumer’s interests will receive full
and sympathetic consideration in making government policy, both through the laws passed by legislatures and through regulations passed by administrative bodies.

Back 10

The right to be heard

Front 11

Right to have access to programs and information that help consumers make better marketplace decisions.

Back 11

The right to education

Front 12

The right to work with established mechanisms in order to have
problems corrected and to receive compensation for poor service or for products which do not function properly.

Back 12

The right to redress