BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following examples is based on a psychological factor?
A
Sam purchases school clothes for his son.
B
Louise purchases furniture for her new house.
C
Macie purchases equipment for playing soccer.
D
Jalen purchases a new automobile that is good in snow.
Explanation: 

Detailed explanation-1: -There are five psychographic segmentation variables on the basis of which homogeneous segments can be prepared for proper research – Personality, Lifestyle, Social Status, AIO (Activities, Interests, Opinions), and Attitudes.

Detailed explanation-2: -There are four psychological factors that influence consumer behaviour: Motivation, perception, learning, and attitude or belief system. Motivation speaks to the internal needs of the consumer.

Detailed explanation-3: -Which of the following is an example of a primary research source for segmentation and targeting? Focus group.

There is 1 question to complete.