There are five types of risks associated with purchase decisions. Which of the following best describes a situation where your new car stalls in the middle of a busy intersection?

A. psychological risk
B. financial risk
C. functional risk
D. social risk
E. physiological risk


Answer: E

Business

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a. True b. False Indicate whether the statement is true or false

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What are contact efficiencies?

A. The idea that adding an intermediary reduces the number of transactions in a market B. The idea that the Internet reduces costs of distribution C. The notion that intermediaries offer core competencies in logistics and distribution D. The efficiencies that arise from intrabrand competition E. The efficiencies gained when a company disintermediates its channel

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Elton Mayo is associated with which programme of research:

a. Hawthorne experiments b. Philadelphia experiments c. Chicago experiments d. social experiments

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The amount of something (money, time, or effort) that a buyer exchanges with a seller to obtain a product is referred to in marketing terms as a

A. price. B. value. C. fee. D. worth. E. renumeration.

Business