Which of the Following Buying Situations Is Most Consistent with Routinized

question 88

Multiple Choice

Which of the following buying situations is most consistent with routinized response behavior?

• A) Ian buying his first pair of basketball shoes
• B) Molly buying a new set of tires for her car
• C) Aaron buying a new fishing rod and reel
• D) Stephanie buying bottled water
• E) Bryan buying a new software program

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Definitions:

Derivative

A financial instrument whose value is derived from the value of another asset, which can include options, futures, and swaps.

Underlying Variable

A factor that can influence the outcome of a financial instrument or contract, such as interest rates, exchange rates, or commodity prices.

Initial Net Investment

The total amount of money required to initialize a project, investment, or venture, net of any financing.

Market Factors

Elements that influence the trading of goods and services, such as supply and demand, price, and competition.