A Consumer Who Makes the Purchase Decision Based on Price

question 85

Multiple Choice

A consumer who makes the purchase decision based on price is called:

• A) promotion-prone
• B) brand-loyal
• C) repeat buyer
• D) price-sensitive

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Definitions:

Business Income

Income generated from the day-to-day activities of running a business or company, including revenues from sales and services minus costs and expenses.

Emigrate

To leave one's country of origin to live permanently in another.

Economic Immigration

The movement of individuals from one region to another for the purpose of seeking better employment opportunities, contributing to the workforce and economic growth of the host country.

Illegal Immigrants

Individuals who enter or reside in a country without the appropriate legal permission or documentation required by that country.