Consumers Make Habitual Decision Making for All the Following Cases

question 10

Multiple Choice

Consumers make habitual decision making for all the following cases EXCEPT:

• A) for purchases that aren't important to the consumers.
• B) for merchandise they have purchased in the past.
• C) when they are loyal to a store.
• D) when they haven't developed brand loyalty.

---

Definitions:

Technological Synergy

The heightened effectiveness or efficiency achieved when various technological systems operate together in coordination.

Profitable New Markets

Emerging or unexplored market segments that offer the potential for significant financial returns.

Totally New Products

Products that are innovative and provide unique benefits or serve new markets, distinct from upgrades or revisions of existing offerings.

Porter's Model

A strategic tool developed by Michael Porter to analyze the competitive environment of an industry, including forces such as competition intensity, potential entrants, substitution threats, bargaining power of suppliers, and customers.