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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?
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.
- "Is the risk worth the return?" evaluates the trade - off between risk and return.
Options like "What are my friends buying?" (social influence, not risk - return) and "How will it affect my social status?" (social status, not risk - return) are not relevant to risk - return assessment.
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- What can go wrong?
- What is the likely return?
- Is the risk worth the return?