Price Comparisons
From Open Risk Manual
Definition
Price Comparisons. In the context of the Financial Competence Framework, Price Comparisons is a topic in the Money And Transactions subject matter domain.[1]
Competences
Mastering the role of Price Comparisons in financial literacy context requires the following competences:
| Code | Competency Description | Competency Type |
|---|---|---|
| 54 | Understands that information obtained through cost comparison tools available online may be incomplete, inaccurate or partial | Knowledge |
| 55 | Compares the prices of similar goods sold through different channels (including brick-and-mortar and online providers) | Skill |
| 56 | Able to use reliable online comparison tools, when available, that compare price, quality, terms and conditions of goods and services | Skill |
| 57 | Confident to make decisions using information from reliable (online) price comparison tools developed by impartial providers. | Attitude |
References
- ↑ European Union/OECD (2022), Financial competence framework for adults in the European Union
