The Consumer Buying Process Begins When

question 33

Multiple Choice

The consumer buying process begins when:

• A) marketing research discovers a new, untapped market segment.
• B) consumers recognize that they have unsatisfied needs.
• C) merchants offer goods and services for sale.
• D) a manufacturer develops a new product.
• E) consumers begin to seek information about an upcoming purchase.

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Definitions:

Development

A process of growth, progress, or evolution in various contexts such as technology, society, economy, or personal skills.

Department Manager

A person who oversees a specific department within an organization, managing its operations and employees.

Promoter

An individual or company that organizes and provides the initial capital, talent, or other resources to start a venture or event.

Potential Liability

The possibility of being responsible for future legal judgments or obligations due to current actions, circumstances, or contracts.