ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Because people are healthier and living longer, a person’s age no longer has much influence on consumer behavior.
A
true
B
false
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -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-2: -When a consumer enjoys trying new products and seeks variety in their buying patterns. For example, they might like trying new flavors of tea or enjoying a different fragrance of hand soap each time they make their purchase.

Detailed explanation-3: -Self-Interest. Self-interest is one of the most important driving forces of consumer behavior. Difficulty or Barriers. Our second factor is difficulties or barriers. Perception. Perception is our third consumer behavior factor. Demographics. Culture. 04-Nov-2020

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