anarghya

Please explain the Financial Risk included in the Perceived Risk types?

Is there someone who can provide the perceived risk type of Financial Risk?
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hardcover
"Financial Risk: this kind of a risk is perceived when a consumer doubts as to whether the product is worth its cost? In other words, the consumer assesses the benefit versus cost of the product? Example: Is the microwave at Rs. 20000, worth its cost (keeping in mind the benefits)? Will it serve me for 5 years? Source: http://in.docsity.com/en-docs/Consumer_Needs_and_Involvment_-_Consumer_Behavior_-_Solved_Quiz_"
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bona.khan
Economic danger is an outdoor patio umbrella term for virtually every risk connected with any form involving loans. Normally, inwards fund, chance will be identified having disadvantage possibility which is nearly related to the particular weakness or distinction between the specific go back as well as the anticipated go back (when the true reappearance is fewer).
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