There Are Five Types of Risks Associated with Purchase Decisions

question 148

Multiple Choice

There are five types of risks associated with purchase decisions.Which of the following best describes a situation where your new car stalls in the middle of a busy intersection?

• A) physiological risk
• B) social risk
• C) financial risk
• D) functional risk
• E) psychological risk

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Definitions:

Infants

Very young children, typically under the age of one year, who are in the earliest stages of physical and cognitive development.

Psycholinguistic Theory

The view that language learning involves an interaction between environmental influences and an inborn tendency to acquire language.

Language Acquisition

The process by which humans acquire the capacity to perceive, produce, and use words to understand and communicate.

Overextension

In language development, the application of a word or rule beyond its normal scope, often seen in early language learning phases.