{"id":37077,"date":"2024-06-11T11:41:11","date_gmt":"2024-06-11T11:41:11","guid":{"rendered":"https:\/\/www.greatassignmenthelp.com\/questions\/?p=37077"},"modified":"2024-06-11T11:41:11","modified_gmt":"2024-06-11T11:41:11","slug":"a-consumer-might-respond-to-a-negative-incentive-because-it-could-be-a-chance-to","status":"publish","type":"post","link":"https:\/\/www.greatassignmenthelp.com\/questions\/a-consumer-might-respond-to-a-negative-incentive-because-it-could-be-a-chance-to\/","title":{"rendered":"A consumer might respond to a negative incentive because it could be a chance to:"},"content":{"rendered":"
A consumer might respond to a negative incentive because it could be a chance to:<\/p>\n
a. purchase a very popular item.<\/p>\n
b. avoid additional charges.<\/p>\n
c. buy a good at a cheap price.<\/p>\n
d. take advantage of a sale.<\/p>\n
Answer: b. avoid additional charges.<\/span><\/span><\/strong><\/p>\n
Negative incentive is therefore a term indicating a kind of repellent or a discouragement to a specific type of action. In the framework of consumer motivations, negative incentive might refer to a service charge, extra charge, penalty or something similar that is charged from the consumer in the event of exercising a certain action or in case the certain conditions are not met.<\/span><\/span><\/p>\n
A consumer might have a negative incentive because it simply gives them an opportunity to avoid and spare themselves from further costs. For instance, a consumer may wish to avoid a late payment fee and thus make a payment on time or maybe avoid paying a paper statement fee by doing away with a paper statement. This way by responding to the negative incentive the consumer is able to avoid additional costs to her or his budget and as a result the consumer\u2019s goal of reducing costs and maximizing savings is attained.<\/span><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"