The Horizontal Dimension in the VALS Framework Is ________

question 97

Multiple Choice

The horizontal dimension in the VALS framework is ________.

• A) resources
• B) innovation
• C) maturity
• D) impulsiveness
• E) consumer motivation

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Definitions:

Ability

Ability refers to the capacity or power of an individual or entity to do something effectively, often implying a skill or competence in a specific domain.

Currency

A system of money in general use in a specific country or region.

Loans

Financial agreements wherein a lender gives money or assets to a borrower, and the borrower agrees to return the property or repay the borrowed money, usually along with interest, at a future point in time.

Financial Crises

Severe disruptions in financial markets that occur when there is a sudden loss of confidence among investors, depositors, or consumers, often leading to a liquidity shortfall and economic downturn.