Which One of the Following Is a Disadvantage of Using

question 123

Multiple Choice

Which one of the following is a disadvantage of using credit?

• A) Receiving advance notice of sales
• B) Ease of overspending
• C) Avoiding the necessity of carrying cash
• D) Ease of returning merchandise
• E) Having a record of all purchases

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Definitions:

Purchase Decision

The cognitive process leading a consumer to select a product or service among alternatives, based on various factors including need, desire, and affordability.

Consumer Decision-making

The process by which consumers identify their needs, gather information, evaluate alternatives, and make the purchase decision; a crucial aspect of marketing and sales strategies.

Steps

Sequence of actions or procedures followed to achieve a particular end.

Straight Rebuy

A routine purchasing decision in which a business reorders a product or service without any modifications or consideration of new options.