According to Systems Theory, High Levels of Interconnectedness Can Lead

question 52

Multiple Choice

According to systems theory, high levels of interconnectedness can lead to:

• A)More pressure on governments to regulate the economy and increase their interventionism
• B)A spiral of economic catastrophes and business failures
• C)Greater stability in the whole system
• D)A tendency for the system to amplify small initial movements in unpredictable ways

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Definitions:

Perceived Purchase Risk

The potential loss or adverse outcomes a consumer believes might occur from buying a product or service.

Functional Risk

The potential for a product or service to fail to perform its intended function, leading to dissatisfaction or harm.

Physical Risk

The potential for bodily harm or health hazards that individuals may face in various activities or environments.

Social Risk

Social risk in consumer behavior refers to the potential for a product or service to adversely affect the user's social standing, image, or relationships with others.