Answer:
Impulse buying
Explanation:
When Joe visited the campus bookstore to look for his marketing textbook, he walked by the magazine rack and saw the latest copy of Car and Driver. He bought the magazine without any further thought. Buying the magazine was an example of impulse buying . Impulse buying is the act of buying a good without planning to do so in advance, it is a purchased based on the spur of the moment. Impulse buying can lead to overspending and financial debt which could lead to unhappiness.
Answer: Buying the magazine was an example of IMPULSE BUYING.
Explanation: Impulse buying can be defined as the act of making unplanned or otherwise spontaneous purchases. The keyword here is "unplanned" as any buying/purchase that is made without an initial plan is referred to as impulse buying.
This usually occurs as a result of a sudden whim or impulse. An individual that engages in this act is known as an impulse buyer.
