ECONOMICS
CONSUMERS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Brand
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Culture
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Product
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Price
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Detailed explanation-1: -The correct answer is Culture. Culture mostly influences the needs and behavior of an individual.
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: -In the context of consumer behavior, culture is defined as the sum total of learned beliefs, values, and customs that serve to regulate the consumer behavior of members of a particular society. Beliefs and values are guides for consumer behavior; customs are unusual and accepted ways of behaving.
Detailed explanation-4: -These factors are namely Psychological, Social, Cultural, Personal, and Economic factors.