Multiple Choice
COFFEE MAKER SCENARIO
Jane was visiting her friend and was served a coffee drink similar to one she's had at coffee shops like Starbucks and Seattle's Best. Her friend told her that she can make coffee drinks like that with her single-serve pod coffee maker. Jane decided she'd like to buy one because she wanted to enjoy similar coffee drinks at home, but she didn't know much about them. She searched the Internet and went to Bed Bath & Beyond, Sur La Table, Williams Sonoma, and even Walmart. She realized there are several brands of this machine, such as Tassimo, Keurig, Breville, Cuisinart, Bunn, Senseo, and Mr. Coffee. They ranged in price from as low as $20 to several hundreds of dollars, making it difficult for her to decide which one to purchase. She was concerned about paying several hundred dollars for a coffee maker. She did notice that one brand, Tassimo, featured Starbucks coffee while none of the others did, and she ended up purchasing that one for $130 because that's her favorite brand of coffee.
-Refer to Coffee Maker Scenario. Jane's concern over the cost of the coffee maker reflects which type of perceived risk?
A) performance risk
B) financial risk
C) price risk
D) monetary risk
E) fulfillment risk
Correct Answer:

Verified
Correct Answer:
Verified
Q58: Consumers using which type of decision making
Q59: Joanna is overwhelmed with the amount of
Q60: A consumer recognizes a need when a
Q61: As perceived risk increases, search effort increases.
Q63: The end state is the perceived state
Q64: One reason the Internet improves consumer search
Q65: It is difficult to measure the amount
Q66: Name and describe the types of risk
Q67: Search tends to decrease as a consumer's
Q68: Alternatives that are deemed to be unacceptable