POST EXAM GAME - You have 6 minutes to label as many logos as you can!

TYPES OF PAYMENT OPTIONS
You will need:
  • Exercise books
  • Concepts in Commerce (p.26-29)

Key Terms:
  • Service
  • convenience

Tasks:
1. As a consumer we need to choose the most appropriate method of payment for the product we are purchasing. Listed below are ten items, in your rows discuss the different payment options you have available when purchasing these products.
  • A new Iphone
  • A house
  • A Lipton ice-tea
  • A flat screen TV
  • A new motorbike
  • A new jacket (valued at $150)
  • A meat pie from the canteen
  • A magazine subscription
  • A new guitar
  • Accommodation at the snowfields for the weekend
2. Read pages 26 to 29 of your text and complete the following activities:
3. Create a mind map of the different payment options available when making a purchase
4. Create a PMI table comparing
  • a. A credit card
  • b. Direct debit
  • c. Lay-by (also see newspaper article)
  • d. Book end
5. Complete questions 4, 10 and 11 on pg 29
6. Complete the True/False activities (left) by re-writing the 'false' statements so that they are true.