MANAGEMENT

BUISENESS MANAGEMENT

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Consumers follow a series of six steps when making a purchase decision.
A
true
B
false
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The consumer decision-making process involves five basic steps. This is the process by which consumers evaluate making a purchasing decision. The 5 steps are problem recognition, information search, alternatives evaluation, purchase decision and post-purchase evaluation.

Detailed explanation-2: -Most consumers go through a buying process in making their purchases. Starting with problem recognition, the consumer passes through the stages of information search, evaluation of alternatives, purchase decision, and finally post purchase behavior.

Detailed explanation-3: -Purchase decision is the thought process that leads a consumer from identifying a need, generating options, and choosing a specific product and brand.

There is 1 question to complete.