Examlex
According to Georg Simmel, an important aspect of groups is:
Involvement
The personal, social, and economic significance of the purchase to the consumer.
Consumer Behavior
The study of how individuals or groups select, purchase, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and desires.
Economic Significance
The importance of an economic outcome or event in terms of its implications on the economy or financial markets.
Limited Problem Solving
A consumer decision-making process used for purchases that require a moderate amount of effort and time for information gathering and deliberation.
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