Mark Is Shopping for a New Suit to Wear to an Important

question 29

Multiple Choice

Mark is shopping for a new suit to wear to an important interview. He really wants to impress his prospective employer and is shopping at many stores to find the right outfit. Martin is using which type of consumer decision-making process?

• A) Routinized response behavior
• B) Habitual response
• C) Information search
• D) Extended decision making
• E) Intensive decision making

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Definitions:

Neoliberal Economic Theories

A set of economic policies that emphasize free-market capitalism, deregulation, and a reduction in government spending.

Minimal Welfare

A social welfare system that provides only the most basic level of support to individuals who are unable to support themselves.

Neoliberal State

A type of government that strongly favors free-market capitalism, minimal government intervention in the economy, and reduction in social spending.

Authoritarianism

A political system characterized by a concentration of power in a leader or an elite not constitutionally responsible to the populace.