Dorothy is in her late twenties and has a mid-level management job. As an average consumer, which of the following does she likely need in order to purchase a big-ticket item such as a new car?
A) co-signers
B) intangible assets
C) letters of reference
D) credit
E) stock
Answer: D
Explanation: D) Most ordinary consumers can't buy big-ticket items (such as cars and houses) without credit.
Business
You might also like to view...
In Booms and Bitner's 7 Ps of the marketing mix, physical evidence refers to which of the following?
A) the product image B) packaging and design C) the environment in which the service is delivered D) the way in which the customer uses the product or service E) the way the service is delivered
Business
Why is the polycentric approach more costly for the firm?
What will be an ideal response?
Business