The Concern for Obtaining the Best Quality,features,and Performance of a Product

question 130

Multiple Choice

The concern for obtaining the best quality,features,and performance of a product or service for a given price will drive consumption behaviour into the foreseeable.This is known as:

• A)price consciousness
• B)stinginess
• C)frugality
• D)value consciousness

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Definitions:

Solomon Asch Experiment

A series of psychological experiments conducted by Solomon Asch, demonstrating the power of conformity in groups.

Conformity

The tendency to align one's attitudes, beliefs, and behaviors with those of a group or society.

Line Sizes

Pertains to the dimensions or measurements of length and width in drawings, designs, or any visual representations that require differentiation in thickness for emphasis or clarity.

Discrimination

In psychology, discrimination refers to the ability to perceive and respond differently to distinct stimuli.