3. ​An accountant buys a supply of pencils to be used in calculating the taxes of other business firms. Based on this information, pencils in this case would be considered what type of product? a. ​Business b. ​Process materials c. ​Raw material d. ​Convenience e. ​Consumer 14. ​If a brand is extended too many times, one major risk is that it can lead to _____. a. ​family branding b. ​brand dilution c. ​co-branding d. ​line extensions e. ​generic branding

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Financial decisions

Financial decisions are important choices that individuals and businesses make about how to use their money. Financial decisions can impact a person or company's short-term and long-term financial stability. Decisions like whether to save, invest, or spend money, whether to take on debt or what kind of insurance to purchase, are some common financial decisions. Decisions on how to manage risks, such as the risk of losing money if investments do not perform as expected or the risk of not having enough money saved for retirement, are also a part of financial decision-making.