Consumption Episodes Are Based on the Sequence of Four Stages

question 18

True/False

Consumption episodes are based on the sequence of four stages: need recognition, information search and alternative evaluation, purchase, and postpurchase use and evaluation.

---

Definitions:

Safety Precautions

Measures taken in advance to prevent accidents, harm, or other adverse outcomes.

Mine Caving

A method of underground mining involving the controlled collapse of ore deposits to allow their extraction.

Distribution of Wealth

Refers to the way wealth is distributed among the members of a society, impacting economic inequality and access to resources.

Second Principle

In the context of John Rawls' theory, the second principle of justice describes fair equality of opportunity and the difference principle, allowing inequalities only if they benefit the least advantaged.