The Fifth Stage in the Hierarchy of Effects Is __________

question 338

Multiple Choice

The fifth stage in the hierarchy of effects is __________.

• A)interest
• B)awareness
• C)adoption
• D)trial
• E)evaluation

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Definitions:

Public Accounting Firms

Professional service organizations that provide auditing, tax, consulting, and accounting services to businesses and individuals.

CDOs

Collateralized Debt Obligations, a type of structured asset-backed security (ABS) with different tranches that can be impacted by mortgage, auto loan, and credit card debt defaults.

Rating Agencies

Companies that assess the financial strength of entities, like corporations and governmental bodies, and their ability to meet financial obligations, issuing ratings that reflect that assessment.

Valuation

A systematic process to determine the price at which a security should sell in financial markets.