ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
There are 4 buyer types:Practical Loyalists, Bottom-Line Price Shoppers, Opportunistic Switchers, and ____
A
Multiple Buyers
B
Realistic Buyers
C
Fanatic Buyers
D
Deal Hunters
Explanation: 

Detailed explanation-1: -What are the 4 types of customer buying behavior? There are four types of consumer behavior: habitual buying behavior, variety-seeking behavior, dissonance-reducing buying behavior, complex buying behavior.

Detailed explanation-2: -In general, there are four factors that influence consumer behaviour. These factors impact whether or not your target customer buys your product. They are cultural, social, personal and psychological.

Detailed explanation-3: -c) Opportunistic Switchers-use coupons or sales to decide among brands and products. that fall within their evoked set.

Detailed explanation-4: -There are four types of consumers: omnivores, carnivores, herbivores and decomposers. Herbivores are living things that only eat plants to get the food and energy they need. Animals like whales, elephants, cows, pigs, rabbits, and horses are herbivores. Carnivores are living things that only eat meat.

There is 1 question to complete.