Which of the Following Statements Is True About Habitual Decision

question 18

Multiple Choice

Which of the following statements is true about habitual decision making?

• A) It occurs when a consumer believes the consumption of a specific product that they have in mind will solve the problem and deliver value.
• B) It involves extensive evaluation of alternatives based on the potential to satisfy a particular need.
• C) It occurs when a consumer's involvement with the particular product category is high.
• D) It occurs when the perceived risk for the particular product is high.
• E) It involves a time-consuming process of collecting information and comparing brands.

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Definitions:

Articles of Organization

The document filed with a state government to legally form a limited liability company (LLC).

Limited Liability Company (LLC)

A corporate format that unites the direct taxation system of sole proprietorships or partnerships with the advantage of limited legal responsibility typical of corporations.

Authorized to Issue

Having the official power or permission to give out or distribute something, such as shares or licenses.

Franchisor

A business entity that grants a license to an individual or group enabling them to operate a business under the franchisor's trademark, name, and business model.