Which of the Following Is at the Base of the Communication

question 27

Multiple Choice

Which of the following is at the base of the communication effects pyramid?

• A)awareness
• B)preference
• C)trial
• D)purchase
• E)repurchase

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Definitions:

Principal Payments

Payments made on a loan that reduce the remaining balance of the principal amount borrowed.

Outstanding Balance

The outstanding balance is the amount of debt, or loan, that remains to be paid off.

Cash Flows

A reiteration emphasizing on multiple streams or instances of money being transferred into and out of a business or investment.

Present Value

The current value of a future sum of money or stream of cash flows, given a specified rate of return.