A Form of Repeat Purchasing Behaviour Reflecting a Conscious Decision

question 119

Multiple Choice

A form of repeat purchasing behaviour reflecting a conscious decision to continue buying the same brand is called:

• A) brand preference awareness
• B) post- purchase partum
• C) inertia
• D) brand parity
• E) brand loyalty

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Definitions:

Bank Interest Rates

The percentage at which interest is paid by a borrower for the use of money that they borrow from a bank.

Indemnification

Compensation for harm or loss, often part of contracts to protect against potential legal liabilities or damages.

Insurance Company

A business entity that provides financial protection or compensation to individuals or entities against losses or damages, in exchange for premium payments.

Insured

The individual or entity covered under an insurance policy, protected against specified risks and potentially eligible for claims settlement.