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QUESTION IMAGE

to assess the risk and return involved in a purchase decision, which pr…

Question

to assess the risk and return involved in a purchase decision, which practical questions should a potential buyer ask? select three options.
□ what can go wrong?
□ what are my friends buying?
□ how will it affect my social status?
□ what is the likely return?
□ is the risk worth the return?

Explanation:

Brief Explanations

To assess risk and return in a purchase decision, we analyze each option:

  • "What can go wrong?" helps identify potential risks.
  • "What is the likely return?" focuses on the return aspect of the purchase.
  • "Is the risk worth the return?" evaluates the trade - off between risk and return.

Options like "What are my friends buying?" (focuses on social influence, not risk/return) and "How will it affect my social status?" (focuses on social status, not risk/return) are not relevant to assessing risk and return.

Answer:

  • What can go wrong?
  • What is the likely return?
  • Is the risk worth the return?