The perceived risks related to the financial and performance considerations of a new purchase are defined as _____ risks.
A) psychological
B) social
C) functional
D) relational

Question

Quizplus · Accepted Answer

The perceived risks related to financial and performance considerations of a new purchase are classified as functional risks. Functional risk arises from the performance of the product or service purchased, and customers may feel that the product may not perform well or may not meet their expectations, leading to a bad purchase decision.

The Perceived Risks Related to the Financial and Performance Considerations