Five Situational Influences Have an Impact on a Consumer's Purchase

question 31

Multiple Choice

Five situational influences have an impact on a consumer's purchase decision process which are the purchase task, social surroundings, physical surroundings, temporal effects, and:

• A)independent variables.
• B)dependent variables.
• C)frame of mind.
• D)antecedent states.

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Definitions:

Performance Goals

Targets set to measure the efficiency, productivity, or success of an individual or organization’s activities.

Control Operations

This refers to the various procedures and mechanisms deployed by a business or organization to regulate and guide its operations towards achieving set objectives.

Variance

The difference between planned or budgeted figures and actual figures, used in performance analysis and management.

Financial Reporting Systems

Systems used by organizations to manage and process financial data, and to produce reports that accurately depict business performance and financial position.