Consumer Decision-Making

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6 Questions

What type of decision-making process involves little or no conscious effort?

Habitual decision-making

What is a key factor affecting how consumers evaluate and choose products?

Degree of novelty or risk related to the decision

Why do marketers need to understand consumer decision-making modes?

To develop effective targeting strategies

What type of decision-making process involves a fair degree of risk and uses internal and external sources?

Extended problem-solving

Why do consumers make decisions in different ways?

Because of varying levels of risk involved

What is a characteristic of the habitual decision-making process?

Automaticity

Test your understanding of consumer decision-making processes, including factors that influence product evaluation and choice, and the various levels of effort involved in making these decisions.

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