What Is a Major Distinction Between Customers Who Purchase a Product

question 58

Multiple Choice

What is a major distinction between customers who purchase a product because they are brand loyal and those who purchase by inertia?

• A) the consumer's degree of risk aversion
• B) the degree to which the consumer seeks out hedonic attributes
• C) whether the consumer is a repeat purchaser
• D) whether the customers hold a very positive or weak attitude toward the product

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Definitions:

Organization

A structured group of people working together towards common goals, characterized by a system of roles, rules, and relationships.

Business Competition

The rivalry among companies striving for greater sales, market share, and customer loyalty within the same market.

Unethical Behaviour

Actions that violate moral principles or professional standards, often causing harm to others or to the organization itself.

Organizations

Entities comprising multiple people working together toward a common goal, structured to coordinate their activities and resources efficiently.