Which of the Following Would Have the Least Influence on a Consumer

question 285

Multiple Choice

Which of the following would have the least influence on a consumer purchase of a 5-gallon waterproof sealant for wood decks and fences?

• A) The purchase situation
• B) Social influences
• C) Economic needs
• D) Psychological variables
• E) Opinion leader

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Definitions:

Energy Prices

Energy prices refer to the cost of primary sources of energy such as oil, natural gas, coal, and renewable sources, which can fluctuate based on supply, demand, geopolitical factors, and other variables.

Cash Receipts

The collection of money (cash, checks, electronic transfers) from sales or other transactions.

Credit Sales

Sales transactions where payment is delayed, extending credit to the purchaser.

Sales

The total amount of goods or services sold by a company within a specific period, reflecting the primary source of its revenue.