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What are the risk when replacing a consumer unit that is fed with a mims cable?
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How customer handle risk?
There are six common risk reduction strategies which are customer view points-Ø1.Consumer Seek InformationØ2.Consumer Are Brand LoyalØ3.Consumer Select by Brand ImageØ4.Customer Rely on Store ImageØ Consumer Buy the 5.Most Expensive ModelØ6.Consumer Seek Reassurance
What is consumer risk and what is producer risk?
Consumer risk is the probability that a product will be manufactured that is defective and shipped to the customer. A person with a customer-only focus will typically want to have a very small consumer risk. A person with a producer-only focus typically is not very concerned with consumer risk. Low consumer risk can sometimes be accomplished by rigorous testing and quality control, which, when carried to an extreme in order to reach zero consumer risk, can lead to very expensive products.Producer risk is the probability that a product will be manufactured that is good, but is rejected by the manufacturer's internal quality control processes before it is shipped to the customer. A person with a producer-only focus will typically want to have a very small producer risk. A person with a consumer-only focus typically is not very concerned with producer risk. Low producer risk can be accomplished by lax testing and quality control, which, when carried to an extreme in order to reach zero producer risk, can lead to very poorly-performing or non-yielding products.The key to high yielding and reliable products is in achieving a balance between these two sometimes-competing goals.
What is perceived risk in consumer behavior?
There are five type of perceived risk monetary physical social functional
A consumer who is a reluctant to take chances has a high level of what?
Risk aversion
Why do you date code high risk food?
Consumer safety and litigation reduction.
How do you fix an iPod USB cable?
You cannot fix an iPod USB cable. Once the cable is damaged, you will need to buy a new one or risk permanent damage to your iPod.
Which investment type typically carries the least risk?
Real Estate for Consumer Purchases All around, Money Markets are Lowest Risk
What does the Consumer Product Safety Commission do to help the public?
The duty of the Consumer Product Safety Commission (CPSC) is to help the public reduce risk of injuries and deaths from consumer products. They issue mandatory standards for certain products.
What are ways media influence consumer behavior?
News broadcasts Advertising Product placement. Risk Aversion
Where is food manufactured?
Food is manufactured in facilities that handle strict sanitation and safety procedures. This way, the consumer is not at risk.
What are some ways media influences consumer behavior?
News broadcasts Advertising Product placement. Risk Aversion
Why is it important for a consumer to have knowledge of computer hardware?
If a consumer doesn't have knowledge of what the computer does, they run the risk of either paying for something that's too advanced for what they use, or not buying something as advanced as what they need.
