The Buyer Decision Process Consists of Five Stages

question 5

Multiple Choice

The buyer decision process consists of five stages. Which of the following is NOT one of these stages?

• A) need recognition
• B) information search
• C) conspicuous consumption
• D) purchase decision
• E) postpurchase behavior

---

Definitions:

Significant Influence

The power to participate in the financial and operating policy decisions of another entity, without having control over those policies.

Investment Account

A type of account held at a financial institution that holds securities, cash, and other assets in the name of the investor.

Shares Sold

Refers to the number of shares of stock that have been bought and sold by investors over a given period, indicating trading activity and liquidity.

Dividends

Corporate profits shared with shareholders in the form of monetary disbursements.