ECONOMICS
CONSUMERS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Passive
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Massive
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Ordinary
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None of the above
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Detailed explanation-1: -Experts agree that there are four main types of consumer behavior: complex-buying behavior, dissonance-reducing buying behavior, habitual buying behavior, and variety-seeking buying behavior.
Detailed explanation-2: -What are the three types of consumer decision-making? The three types of decision-making are nominal, limited, and extended. These types of decision-making have different levels of purchase involvement.
Detailed explanation-3: -The 5 steps are problem recognition, information search, alternatives evaluation, purchase decision and post-purchase evaluation.
Detailed explanation-4: -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.