Consumer Behaviour: Basics and Significance

Someone who promotes goods or services to potential buyers

Someone who sells goods or services in the market

Someone who produces goods and services for personal consumption

Someone who pays for goods or services for personal use (correct)

They regulate the prices of goods and services

They control the production of goods and services

They determine the demand for goods and services (correct)

They manage the distribution of goods and services

For personal use, household consumption, or as an end user (correct)

For stockpiling and inventory management

For resale in the market to generate profit

For promotional activities or marketing campaigns

<p>To procure goods and services for profit or not-for-profit organizations</p> Signup and view all the answers

<p>The actions and decision processes of people who purchase goods and services for personal consumption</p> Signup and view all the answers