Explain the Difference Between AND and OR Criteria

question 64

Essay

Explain the difference between AND and OR criteria.

---

Definitions:

Alternative Evaluation

The process in which consumers assess various products, brands, or services to make an informed decision before making a purchase.

Consumer Purchase Decision

The process through which a consumer goes to select, purchase, use, and dispose of goods or services.

Financial Consideration

Factors relating to the financial aspects of a decision, including costs, revenues, profitability, and investment requirements.

Financial Transaction

An agreement or communication between two or more parties to exchange financial assets or value, such as cash, securities, or derivatives.