There Are Several Reasons Why a Consumer Would Be Reluctant

question 177

Multiple Choice

There are several reasons why a consumer would be reluctant to purchase a new product.For example,a consumer might be reluctant to adopt a new product because of e a psychological barrier,which occurs when __________.

• A) there is no incentive to change
• B) there are physical, economic, or social risks
• C) the product is not consistent with existing habits
• D) the financial commitment is too great
• E) it affects one's image

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Definitions:

Environmental Packaging

Packaging designed to minimize environmental impact, often through the use of recyclable or biodegradable materials.

Media Focus

The concentration of media coverage on specific topics, areas, or issues, influencing public perception.

Legal Developments

Changes or updates in the legal system, including new laws, judicial decisions, or legal interpretations.

Prior Probabilities

The likelihoods of different outcomes or hypotheses before new evidence is taken into account.