There Are Five Types of Risks Associated with Purchase Decisions

question 41

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:

Dual Processing

The principle that our mind operates on two levels simultaneously, conscious and unconscious thinking processes.

Consciousness

Awareness and the ability to ponder upon one's personal existence, senses, mindset, surroundings, and life episodes.

Visual Perception Track

The cognitive pathway responsible for processing visual information and recognizing patterns and objects.

Visual Action Track

A concept in cognitive neuroscience referring to the brain's processing pathway for visually guiding movements and understanding actions.