Which of the Following Is NOT a Type of Consumer

question 9

Multiple Choice

Which of the following is NOT a type of consumer loan?

• A)Personal cash loan.
• B)Mobile home loan.
• C)Private-label credit card loan.
• D)Equipment loan.
• E)Motor vehicle loan.

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Definitions:

Decision Maker

An individual or group responsible for making choices or judgments in the context of purchasing or strategic planning.

Modified Rebuy

Refers to when the buyer has purchased a similar product in the past but has decided to change some specifications, such as the desired price, quality level, customer service level, options, or so forth.

Walmart Buyers

Professionals responsible for selecting and procuring goods for sale in Walmart, ensuring a match with consumer preferences and demand.

Price Concessions

Financial adjustments made by a seller, providing a discount or a reduced price to encourage purchase or negotiation agreement.