Future Business Leaders of America (FBLA) Advertising Practice test

Purchasing a home for most consumers involves?

1. Routine decision making

2. Extensive decision making

3. Limited decision making

4. Impulse buying

The correct answer is: Extensive decision making

Purchasing a home for most consumers involves extensive decision making due to the significant financial commitment, emotional investment, and long-term implications associated with such a purchase. This process requires careful consideration of various factors, such as location, price, future market trends, neighborhood amenities, personal and family needs, financing options, and potential resale value. Extensive decision making typically occurs in high-stakes purchases that necessitate thorough research and evaluation of multiple alternatives. Unlike routine decisions, which are usually made quickly and with little thought, or limited decision making, which might involve moderate investment and fewer options to consider, purchasing a home requires a deep dive into many critical details. Impulse buying, on the other hand, refers to spontaneous purchases on a smaller scale and is not applicable in the context of buying a home.