The Products or Services for Which a Consumer Is Not

question 87

Multiple Choice

The products or services for which a consumer is not willing to spend any effort to evaluate prior to purchase are called:

• A)shopping products/services.
• B)unsought products/services.
• C)luxury products/services.
• D)specialty products/services.
• E)convenience products/services.

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Definitions:

Research Paper

An academic or scholarly document presenting original research on a specific topic, backed up by the analysis and interpretation of data.

Social Engineering

A method of manipulation that exploits human psychology to gain confidential information or access to systems.

Phishing

A fraudulent attempt, typically via email, aiming to steal personal information by pretending to be a legitimate entity.

Credit Card

A plastic card issued by a bank or financial institution that allows the holder to borrow funds, within a pre-approved limit, to pay for goods and services with the promise to repay the borrowed amount, along with any agreed charges.