ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is not a factor that affects purchase planning?
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Distance (how far the product is)
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Service (does the company provide good service)
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If you’re too lazy to buy products or not
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Payment Methods (do they only take cash, card, etc.)
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Explanation:
Detailed explanation-1: -In a general scenario, we’ve got five main factors that determine consumer behavior, i.e these factors regulate if a target customer purchases a product or not. These factors are namely Psychological, Social, Cultural, Personal, and Economic factors.
Detailed explanation-2: -Economic Factor. The most important and first on this list is the Economic Factor. Functional Factor. Marketing Mix Factors. Personal Factors. Psychological Factor. Social Factors. Cultural Factors. 04-Jan-2017
There is 1 question to complete.