Unit Award Scheme

PSE055 BEING A CRITICAL CONSUMER

In successfully completing this unit, the Learner will have		Evidence needed
demonstrated the ability to
1	explain what is meant by 'impulse buying' and 'shopping around'	Student completed work
2	identify and explain three ways by which supermarkets seek to maximise sales and suggest how consumers might deal sensibly with them	Student completed work
3	research and compare prices of five common household items from at least three different suppliers, eg local shops, supermarkets, on-line retailers	Student completed work
4	research and compare four sources of information to assist with sensible buying, eg consumer magazines, price comparison websites, for three given consumer items	Student completed work
5	explain three circumstances where customers have a right to a refund on goods purchased in a shop and three circumstances in which they do not	Student completed work
6	explain two things customers can do if they are not satisfied with the way a shop deals with a complaint	Student completed work
7	use a price comparison website to find the annual cost of a pay-as-you-go mobile phone for a given user from three different suppliers	Student completed work
8	produce a brief report evaluating information researched on the price comparison website and recommend a 'best value' option	Student completed work
9	explain the key differences between credit, debit and store cards	Student completed work
10	explain what is meant by APR and identify two key factors which determine the total cost of a loan.	Student completed work

All outcomes recorded on an AQA Summary Sheet

Approved 17 August 2010Level - Level Two