Psychological risk is the risk that a poor product choice may result in social embarrassment.

Name: Psychological risk is the risk that a poor product choice may result in social embarrassment.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

Psychological risk refers to the emotional consequence of a purchase decision, such as the fear of embarrassment or the possibility of loss of self-esteem. Therefore, the statement that psychological risk is the risk of social embarrassment is true.

Psychological Risk Is the Risk That a Poor Product Choice