Consumer Socialization Refers to

question 51

Multiple Choice

Consumer socialization refers to

• A) the distinct phases that a family progresses through from formation to retirement, each phase bringing with it identifiable purchasing behaviors.
• B) the people to whom an individual looks as a basis for self-appraisal or as a source of personal standards.
• C) the process by which people acquire the skills, knowledge, and attitudes necessary to function as consumers.
• D) the modes of living that are identified by how people spend their time and resources, what they consider important in their environment, and what they think of themselves and the world around them.
• E) the relatively permanent, homogeneous divisions in a society into which people sharing similar values, interests, and behavior can be grouped.

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Definitions:

UCC

The Uniform Commercial Code represents an extensive collection of regulations that oversee business deals within the United States.

Breach

The violation or breaking of a law, duty, or agreement, especially concerning contracts.

Implied Warranty

An implied warranty is a legal doctrine that assumes a basic level of quality and functionality in sold goods even if not explicitly stated by the seller.

Preassembled

Refers to components or items that are assembled at the manufacturing point before being shipped to the customer or end-use location.