Unit Standard

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7127 (v7a)
Exercise informed choice in deciding on a major goods or service purchase

Level: 3 Credits: 2 Marking Service

Description:

The purpose of this course for learners to be able to exercise informed choice in deciding on a major goods or service purchase.

Learners who successfully complete this course will be able to do the following when considering a major purchase.

  • Identify features in terms of needs and wants.
  • Identify other influences on the decision to purchase.
  • Justify a preferred purchase by comparing it with other options.
  • Consider different payment methods, and justify a selected method.