Which of the Following Is Not an Element of the Factors

question 129

Multiple Choice

Which of the following is not an element of the factors affecting consumers' search processes?

• A) perceived benefits versus perceived costs of search
• B) locus of control
• C) actual risk
• D) perceived risk
• E) functional versus psychological need

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Definitions:

Facilities

Physical buildings and structures that are used for the production of goods or delivery of services.

Accounts Receivable Turnover

A financial ratio indicating how quickly a company collects on the credit it extends to customers.

Receivables

Money owed to a business by its customers for goods or services that have been delivered but not yet paid for.

Inventory

The products and resources kept by a company with the primary purpose of being sold, used in manufacturing, or consumed.