One Factor That Influences the Consumer Decision Making Process Is

question 55

Multiple Choice

One factor that influences the consumer decision making process is __________,which refers to the set of values,attitudes,and ways of doing things passed from one generation to another in a given society.

• A)cognitive dissonance
• B)legal environment
• C)group behaviour
• D)culture

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Definitions:

Compounded Semi-annually

Interest calculation method where the interest is added to the principal twice a year, leading to a growth in the amount at a faster rate than simple interest.

Compounded Quarterly

This term refers to the calculation and addition of interest to the principal sum of a deposit or loan on a quarterly basis.

RRSP

A Canadian retirement savings plan that defers taxes on contributions and investment earnings until withdrawal.

Compounded Quarterly

An approach to interest calculation that involves adding the interest to the principal sum every three months.