Which of the Following Does Not Explain Why Consumers Buy

question 133

Multiple Choice

Which of the following does not explain why consumers buy products that many other consumers are already buying?

• A)technology
• B)the satisfaction people derive by being viewed as "fashionable"
• C)cost-effective way to gather information about a product
• D)differences in tastes and preferences

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Definitions:

Offshoring

The practice of relocating business processes or production to another country, often to reduce costs or take advantage of favorable economic conditions.

Production Activities

The processes and operations involved in the creation of goods and services, encompassing everything from resource gathering to the final output.

Foreign Locations

Foreign locations refer to places outside a company's home country where it conducts business activities, including offices, factories, or stores.

Net Costs

The total costs incurred by a business after deducting any discounts, allowances, or returns from the gross costs.