Figure 5-1 -In Figure 5-1 Above,D Represents Which Stage of the Consumer

question 236

Multiple Choice

Figure 5-1

-In Figure 5-1 above,D represents which stage of the consumer purchase decision process?

• A)purchase decision
• B)information search
• C)financial transaction
• D)alternative evaluation
• E)postpurchase behavior

---

Definitions:

Futures Contract

An arrangement, enforceable by law, where individuals agree to trade a specified commodity or financial instrument at a previously established price, to be fulfilled at a specified time ahead.

Forward Contract

is a non-standardized contract between two parties to buy or sell an asset at a specified future date for a price agreed upon today.

Settlement Date

The date on which a trade is finalized, and the buyer must make payment and the seller must deliver the asset.

Option Contract

A financial contract that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price within a certain period.