The decision isn't risky

Q: Influence and expertise are individual factors that affect the business buying behaviour. Select…

A: Purchaser behavior is an endeavor to comprehend and foresee human activities in the purchasing job.…

Q: This has been proven to be the best way to make a decision. *   Consultative decision Strategic…

A: A strategic decision is related to the overall environment of the organization where the firm works.…

Q: Helping a customer understand why an offering is desirable infuses a value proposition with ________…

A: The answer is option C : possession utility

Q: Everyone who buys a given product wants the same benefit from it. True False

A: The company manufactures goods while considering the needs and expectations of the consumer. It is…

Q: Match each of the statements with whether it describes a Feature, a Benefit, or a Value (as we…

A: First we need to understand the concept of Feature, Value and Benefit Feature - Feature is the…

Q: At which stage of the consumer decision-making process is cognitive dissonance most likely to accur?…

A: Consumer decision-making describes the steps that customers take when deciding what to buy,…

Q: The three methods to choose from are: Avoid the risk or Mitigate the risk or Accept the risk.

A: A risk is any unsure event or condition that could affect the project. not all risks are negative.…

Q: Is the no-regrets strategy similar to the preventative principle? True  False

A: A strategy formulation revolves around integration of business activities and utilization and…

Q: 17- Since the world is constantly changing, and new circumstances or trends can dramatically affect…

A: Note: Since you have posted a question with multiple sub-parts, we will solve the first three…

Q: Differentiation is most likely to be successful (in generating economic value) in which of the…

A: Differentiation is most likely to be successful (in generating economic value) in which of the…

Q: Product: Little Caesars (regular pepperoni pizza) Design a basic questionnaire to collect primary…

A: Questionnaire - It is a tool or market research instrument that is used by researchers to collect…

Q: You buy a new pair of shoes on sale. The printed receipt states very clearly that the shoes are not…

A: Ethics means the existence of the moral principles and values that dictates the behaviour among…

Q: Which one of the following statements is generally not true about selecting strategies for…

A: In an organization, there are different roles and responsibilities based on the degree of skills and…

Q: Which of these statements is NOT true about WANTS? a. They are not similar to needs. b. They differ…

A: Answer is option D we all have the same wants

Q: When a Salesgirl tries to reconfirm what the customers really wants, for example, the colour…

A: When a salesgirl tries to reconfirm what the customer really wants, for example, the colour…

Q: Participation in the decision-making will satisfy which need in Maslow's hierarchy of needs? Done…

A: Answer- Self Esteem Needs   Self Esteem need -Esteem needs means need of respect and…

Q: Cognitive dissonance is the feeling of internal satisfactions that follows a major purchase. True…

A: False

Q: You are a manager of an advertising company. The company is running short of funds, so you decide to…

A: ADVERTISING: Businesses carry out multiple promotional activities to create awareness and sales of…

Q: ow to make sound decision during crisis

A: We are on the whole living in an agitating time right now. Our every day schedules have been totally…

Q: After he bought his new BMW, Bill began to have some doubts. Fortunately, a few days later, he…

A: 1.) Post-purchase behavior 2.) Need recognition 3.) Evaluation of alternatives 4.) Information…

Q: Clayton Alderfer's ERG theory is a modification of Maslow's hierarchy of needs because it states…

A: The one which is not in a category of ERG theory is :

Q: suggestion impulse and a planned impulse.

A: Suggestion impulse purchase Then again, next to the counter, you might also spot some more rational…

Q: qualities are defined as having the least amount of uncertainty and are typically identifiable…

A: Purchase - It refers to the process of taking possession of any object or asset via payment of the…

Q: Apple's iPod is one of Apple's most successful products. More than 120 million iPods have been sold,…

A: The product life cycle is referred to as different stages of the product life in the market. The…

Q: Sometimes a follower brand may mimic the appeal of the brand leader. This is done to attack the…

A: Alando and eBay

Q: Emergent strategies are the unplanned responses to unforeseen circumstances. Select one: O True O…

A: Organizations will have a set of goals to be achieved. The purpose of the existence of a firm would…

Q: The purpose of this miniproject is to increase your understand- ing of the process that consumers go…

A: Customer is a person who participates in the exchange process of monetary goods with the producer.…

Q: which of the two approaches feedforwards and feedback, you think is better to control and rectify,…

A: The two approaches feed forwards and feedback are the appropches which follows the coming future and…

Q: Products having services imbibed in it would require same kind of marketing strategy as that of a…

A: In marketing different types of technique is used for selling the goods according to the product.

Q: A company's strategic intent for its brand positioning is in large part responsible for customers…

A: Brand positioning is used by the business or the marketers to the position of an organization in…

Q: Identify the stage in Consumer decision making where Attempt is made to gain knowledge about the…

A: Correct option: (d)  Step by step explanation: It is a stage in consumers decision making process…

Q: A company will often find it hard to measure the value customers attach to its product. Such value…

A: Customer value is an evaluated value that a buyer recognizes while initiating a purchase. It is a…

Q: A consumer has chosen the model of MP3 player that he intends to purchase. On his way to the store,…

A: The consumer purchase decision process is the process a customer goes through when he is purchasing…

Q: Consumers

A: The answer to the First question is true. The reason is dissatisfaction and regret are almost…

Q: A product that does not meet quality control standards and needs to be reworked to be salable as…

A: A product that does not meet quality control standards and needs to be reworked to be salable as…

Q: Which of the below statements applies correctly to the term, "asymmetry of information"? Group of…

A: Option a: - Asymmetry means that there is inequality between two parts, contracts, etc., or…

Q: 19- When the customer uses facts, figures and products performance before making a purchase…

A: Rational motive means buying or purchases that are based on logical and proper judgment keeping the…

Q: The stage in the consumer purchase decision process in which the consumer decides that she does not…

A: The answer is B. Information search stage.

Q: A market segment will consist of ________________ who might respond in a similar manner to a given…

A: Marketing is an activity which the firm takes up to make customers. For this marketing strategies…

Q: you wanted to hire someone for a job that demanded a high level of extroversion, and thus, you…

A: An expert have to hire someone for a job that demanded a high level ofextroversion.  Extroversion…

Q: The old way of marketing focusing more on imply marketing brands to consumers Select one: True False

A: The old way of marketing focusing more on imply marketing brands to consumers Select one: True False…

Q: Discuss the difference between programmed and non-programmed decision preferably with examples.

A: There are many kinds of business decisions that are taken in an organization. The two types of…

Q: Which is the stage among the following where consumer becomes aware of the new product, but does not…

A: Adoption process is a mental or a psychological process through which the customers go while making…

Purchase Process

Purchasing refers to the act of procurement of products or services from a market of resources. The procedures used to accomplish the acquisition of the requisite resources are referred to as the purchasing process. Consumer behavior, customer strategy, product pricing, consumer necessity, and other variables are various parts of the process.