Explain the Five Roles in a Buying Decision: Initiator,influencer,decider,buyer,and

question 7

Essay

Explain the five roles in a buying decision: initiator,influencer,decider,buyer,and
user.

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Definitions:

Nominal Consideration

A token amount in a contract to validate it, which may not necessarily reflect the true value of the contract's subject matter.

Consideration

Something of value (such as money, service, promise, or goods) that is given by both parties to a contract that compels mutual obligation.

Charitable Purpose

involves activities carried out for the benefit of the public, such as alleviating poverty, advancing education, religion, or other activities serving the public interest.

Promised Gift

A commitment to transfer ownership of an item or property to someone else without expecting something in return.