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.

---

Definitions:

Privately Held

A company ownership structure where shares are not available to the public and are owned by a relatively small number of shareholders.

Investment

The action or process of allocating resources, usually money, with the expectation of generating an income or profit.

Bankruptcy

A legal proceeding involving a person or business that is unable to repay their outstanding debts.

Government Regulation

Laws and rules imposed by government bodies intended to control or govern conduct and ensure compliance within various industries.