What Would Your Credit Rating Be If You Have Merchandise

question 68

Multiple Choice

What would your credit rating be if you have merchandise repossessed?

• A)R5
• B)R8
• C)R6
• D)R7
• E)R9

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Definitions:

Consumer Purchase Decision Process

The stages a consumer goes through in making a decision to buy a product, typically including recognition of needs, information search, evaluation of alternatives, purchase decision, and post-purchase behavior.

Energizing Force

A motivating factor or influence that drives or stimulates activity or change.

Satisfy A Need

Fulfilling a requirement or desire, often through the provision of products or services that address a specific deficiency or aspiration.

Motivation

The energizing force that stimulates behavior to satisfy a need.