John Gleason Is Interested in Purchasing a 46" Rear Projection

question 52

Multiple Choice

John Gleason is interested in purchasing a 46" rear projection TV for his living room.He knows that right now the TV will cost approximately $1500.However,John is a little concerned about his job.John is a pilot for Delta Airlines and he thinks it is possible that he could be laid off in the near future.What type of risk is John worried about?

• A)Inflation risk
• B)Interest rate risk
• C)Income risk
• D)Personal risk
• E)Liquidity risk

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Definitions:

Risk Takers

Individuals or entities willing to engage in behaviors or decisions that involve potential losses or failure in pursuit of potential gains.

For-Profit Business

A type of organization that operates with the principal goal of making profits for its owners or shareholders.

Nonprofit

Reiteration of nonprofit organizations, indicating entities devoted to advancing a social cause without the aim of making a profit.

Satisfying Customers

The process of meeting or exceeding customer expectations through quality service or products, resulting in customer satisfaction.