Functional or performance risk is the risk of spending too much time on the new product or on purchasing the new product.
<h3>What is a functional risk?</h3>
Functional - Perceived risks can include the fear and or doubt a consumer has that the product they are buying will fail to perform its intended function.
Performance risk is the risk that the buyer, who owes the money, can legitimately avoid paying because the supplier has failed to do a good job.
The consumer might be afraid that if they buy a car, the engine or other parts may malfunction.
The possibility of the product malfunctioning and not performing as it was designed and advertised and therefore mailing to deliver the desired benefits.
To learn more about Performance risk , refer
https://brainly.in/question/3133307
#SPJ4
Answer:
The answer is option D) Contrary to Levitt's suggestions, consumers in the most developed countries are often Willing to accept globally standardized products that have been developed with the lowest common denominator in mind.
Explanation:
According to Levitt, marketing should help decide what a business should sell. His model gave emphasis on branding as a strategy to build customers loyalty.
Levitt introduced the term globalization to management discourse. His central thesis is that a dominant force drives the world towards a converging commonality, allowing international businesses to become global by standardizing their product and service offering.
However, contrary to Contrary to Levitt's suggestions, consumers in the most developed countries are often willing to accept globally standardized products that have been developed with the lowest common denominator in mind.
Answer:
d. preparing a post-closing trial balance.
Explanation:
The accounting cycle involves the multi-step process of identifying, analyzing, processing, sorting and recording the financial transactions of an organization. The multi-step commences from when the transaction occurs to the last stage where it is reported in the financial statements of the organization.
The accounting cycle helps the accountants in the accounting or financial departments to prepare an accurate, timely and up-to-date financial statement for organizations.
Basically, the first step in the accounting cycle is to identify and analyze the financial transactions of an organization.
In the Accounting Cycle, the last step is preparing a post-closing trial balance.
The post-closing trial balance is to ensure that debits and credits recorded are balanced, accurate and equal after making closing entries.
Answer:
A. Reasonably weak-form and semistrong-form efficient.
