Which One of the Following Factors Tends to Favor Longer

question 94

Multiple Choice

Which one of the following factors tends to favor longer credit periods?

• A)high consumer demand
• B)lower priced merchandise
• C)increased credit risk
• D)merchandise with low collateral value
• E)increased competition

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Definitions:

Behavioral Segmentation

The process of dividing a market into groups based on consumer behaviors and patterns.

Consumer Markets

A sector where businesses sell products or services directly to individuals for private and household use, creating demand for various goods.

Behavioral Characteristics

Attributes that describe patterns of action and reaction of individuals or groups, often used in studying consumer behavior, employee performance, and social interactions.

Demographic Segmentation

The process of dividing a market into segments based on demographic factors such as age, gender, income, education, or ethnicity.