The perceived risk for a product or service remains the same across consumers and situations.

Name: The perceived risk for a product or service remains the same across consumers and situations.
Brand: Quizplus
Rating: 4.7 (31 reviews)

Question

Quizplus · Accepted Answer

The perceived risk for a product or service may vary across different consumers and situations. It depends on factors such as the consumer's prior experience, the complexity of the product, the level of information available, and the perceived consequences of a wrong decision.

The Perceived Risk for a Product or Service Remains the Same