Which of the Following Factors Often Influence a Person's Choice

question 131

Multiple Choice

Which of the following factors often influence a person's choice of savings medium?

• A) foreign income taxes
• B) degree of safety
• C) minimum deposit amounts
• D) whether it is a bank or a savings and loan

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Definitions:

Would-Be Suppliers

Potential vendors or suppliers that are interested in providing goods or services to a company.

Competition

The alternative firms that could provide a product to satisfy a specific market’s needs.

Organizational Markets

Markets that involve the sale of goods or services to other businesses, government bodies, or institutions, rather than to individual consumers.

Examples

Specific instances or cases that are used to illustrate a principle, method, or situation.