The Objective of Information Search Is Which of the Following

question 46

Multiple Choice

The objective of information search is which of the following?

• A)To select the most appropriate retailer or distributor who stocks the desired item
• B)To compare prices, in order to help select products/ services that are good value for money given the performance characteristics of the product
• C)To build up the awareness set, a selection of brands that may provide a solution to the problem
• D)To clarify which features are needed in the product/ service required

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a particular market, determined by supply and demand forces.

Make Money

The process of earning a financial profit or income.

Informed Citizen

An individual who is well-informed about their rights, responsibilities, and current events, enabling them to participate effectively in civic and democratic processes.

Society

A group of individuals living together in a more or less ordered community, sharing customs, laws, and organizations.