Nonpersonal Influences That Have a Direct Impact on a Consumer's

question 18

True/False

Nonpersonal influences that have a direct impact on a consumer's final purchase decision are family,culture,and target market.

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Definitions:

Investment

Investment involves allocating resources, such as capital or time, in the expectation of generating a profit or benefit in the future.

Interest Rates

A charge, calculated as a percentage of the principal, demanded by a lender from a borrower for assets' usage.

Disposable Income

Income that remains for saving or spending after direct taxes (such as income tax) have been deducted from an individual's earnings.

Saving

The process of setting aside a part of current earnings for future use.